South Indian Bank Shares Jump Over 6 Percent as Q3 Business Momentum Lifts Sentiment

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Mumbai, January 6, 2026: Shares of South Indian Bank Ltd surged sharply in Tuesday’s session, rising over 6 percent to trade around ₹42.10, as investors reacted positively to the bank’s strong business performance for the December quarter and improving balance sheet metrics.
The stock touched an intraday high of ₹42.50, close to its 52-week high, compared with a previous close of ₹39.68. Trading volumes were healthy, with turnover exceeding ₹14 crore during the session, indicating broad-based market participation.

Strong Business Growth in Q3 FY26​

The rally comes on the back of solid growth across key banking parameters during the quarter ended December 31, 2025.
ParticularsDecember 2024December 2025YoY Growth
Gross Advances (₹ crore)86,96696,76511.27%
Total Deposits (₹ crore)1,05,3871,18,21112.17%
CASA (₹ crore)32,83037,64014.65%
CASA Ratio31.15%31.84%+69 bps
Loan growth remained robust, supported by higher credit offtake, while deposits expanded at a faster pace, reflecting sustained traction in retail and low-cost funding. The improvement in CASA ratio highlights better liability mix and cost efficiency.

Stock Performance Snapshot​

MetricValue
Current Price₹42.10
Day’s Gain₹2.42 (+6.10%)
52-Week High₹42.50
52-Week Low₹22.12
Market Capitalisation₹11,018 crore
Price-to-Earnings (TTM)8.11
Return on Equity14.45%
Price-to-Book1.17
The stock is trading at relatively modest valuation multiples compared with peers, supported by improving profitability metrics and balance sheet quality.

About the Company​

South Indian Bank Ltd is a private sector bank headquartered in Thrissur, Kerala, offering a wide range of retail, corporate, and digital banking services. The bank is listed on both BSE and NSE and is part of the BSE SmallCap index.

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