South Indian Bank Share Price History (1999 To 2024)
Show Table of Contents
Table of Contents
- 1: South Indian Bank Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About South Indian Bank
- 3: South Indian Bank Recent Performance
- 4: South Indian Bank Share Price Chart From 1999 to 2024
- 5: South Indian Bank Share Price History Table From 1999 to 2024
- 6: Analyzing the Impact of Investing in South Indian Bank
- 6.1: South Indian Bank Share Returns In Last 5 Years
- 6.2: South Indian Bank Share Returns In Last 10 Years
- 6.3: South Indian Bank Share Returns In Last 15 Years
- 6.4: South Indian Bank Share Returns In Last 20 Years
- 6.5: South Indian Bank Share VS FD (Normal) VS FD (Compounding)
South Indian Bank Share Highlights
As of Fri 22 Nov 2024, South Indian Bank Share price is ₹22.54 which is ₹17.61 below 52-week high of ₹40.15 and ₹0.27 above 52-week low of ₹22.27
52-Week High Low
- South Indian Bank 52-Week High is ₹40.15 occured on Fri 02 Feb 2024
- South Indian Bank 52-Week Low is ₹22.27 occured on Mon 18 Nov 2024
All Time High
- The all-time high or the highest price that South Indian Bank shares have ever touched was ₹40.15 and this occurred on Fri 02 Feb 2024.
- The highest closing price at which South Indian Bank shares have ever closed was ₹38.7 recorded on Fri 02 Feb 2024.
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Short Info About South Indian Bank
South Indian Bank: A century of trust and excellence
Suppose you have ₹ 10 lakh with you, so will you always carry the amount or leave it at your home where thieves can easily infiltrate in your absence? Banks were created as a solution to this problem. They also pay interest for keeping your money with them. The South Indian Bank Ltd, with experience of over a century, has made its name amongst the people as a trustworthy bank.
January 1929
The South Indian Bank Ltd was incorporated.
September 1998
It was listed on the Indian stock market.
It was the first private sector bank in Kerala that was made a scheduled bank in 1946. It provides varied categories of banking, such as personal banking, priority banking, NRI banking, business banking, etc.
Various indices, such as the Nifty Total Market, S&P BSE AllCap, etc., have it as their constituent. In FY22, over ₹ 1.86 Crores were spent on Corporate Social Responsibility focused towards providing patrolling vehicles for police, RO water plant for schools, ambulances, etc.
Due to high provisioning for NPAs in FY 19 & 20, its overall profit was reduced, due to which its share price fell by over 80%. As its NPAs reduced significantly in FY23, it had to set less amount aside for provisioning. As a result, it made a profit after tax of ₹ 775.09 Crores.
Let’s review the historical share price of the South Indian Bank Ltd to see the roller coaster ride it has taken its investors on.
South Indian Bank Recent Performance
Over the past 23 trading days, the value of South Indian Bank's stock has decreased by ₹2.65 (-10.52%). On 17 Oct 2024, its one share was worth ₹25.19 and by 22 Nov 2024, the value dropped to ₹22.54. During this period it created a highest high of ₹26.29 and lowest low of ₹22.27.
Below Image represents line chart of daily close price of South Indian Bank, helping you visualize how the price has changed day by day.
South Indian Bank Share Price Chart From 1999 to 2024
South Indian Bank Share Price History Table From 1999 to 2024
| Year | South Indian Bank | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 1999 | ₹1.30 | - | ↑ ₹1.74 ↓ ₹1.03 |
| 2000 | ₹1.82 | 40% | ↑ ₹2.23 ↓ ₹1.09 |
| 2001 | ₹1.76 | -3.3% | ↑ ₹2.90 ↓ ₹1.60 |
| 2002 | ₹2.77 | 57.3% | ↑ ₹3.95 ↓ ₹1.52 |
| 2003 | ₹6.02 | 117.3% | ↑ ₹6.33 ↓ ₹2.62 |
| 2004 | ₹5.91 | -1.9% | ↑ ₹7.23 ↓ ₹3.31 |
| 2005 | ₹5.19 | -12.2% | ↑ ₹6.86 ↓ ₹4.32 |
| 2006 | ₹6.82 | 31.4% | ↑ ₹6.96 ↓ ₹4.00 |
| 2007 | ₹16.07 | 135.6% | ↑ ₹16.79 ↓ ₹6.11 |
| 2008 | ₹5.15 | -68% | ↑ ₹20.77 ↓ ₹4.53 |
| 2009 | ₹13.53 | 162.7% | ↑ ₹14.48 ↓ ₹3.94 |
| 2010 | ₹21.86 | 61.5% | ↑ ₹26.70 ↓ ₹11.77 |
| 2011 | ₹18.19 | -16.8% | ↑ ₹23.63 ↓ ₹15.84 |
| 2012 | ₹24.62 | 35.3% | ↑ ₹27.25 ↓ ₹18.01 |
| 2013 | ₹18.38 | -25.4% | ↑ ₹27.70 ↓ ₹17.15 |
| 2014 | ₹25.66 | 39.6% | ↑ ₹31.73 ↓ ₹17.70 |
| 2015 | ₹17.52 | -31.8% | ↑ ₹28.88 ↓ ₹16.97 |
| 2016 | ₹17.74 | 1.2% | ↑ ₹23.08 ↓ ₹14.80 |
| 2017 | ₹31.00 | 74.7% | ↑ ₹33.45 ↓ ₹17.65 |
| 2018 | ₹15.55 | -49.9% | ↑ ₹34.75 ↓ ₹12.45 |
| 2019 | ₹10.10 | -35.1% | ↑ ₹18.50 ↓ ₹9.90 |
| 2020 | ₹9.00 | -10.9% | ↑ ₹11.45 ↓ ₹4.80 |
| 2021 | ₹8.85 | -1.7% | ↑ ₹13.95 ↓ ₹7.55 |
| 2022 | ₹18.80 | 112.4% | ↑ ₹21.80 ↓ ₹7.25 |
| 2023 | ₹26.70 | 42% | ↑ ₹28.50 ↓ ₹13.75 |
| 2024 | ₹22.54 | -15.6% | ↑ ₹22.78 ↓ ₹22.39 |
Analyzing the Impact of Investing in South Indian Bank
South Indian Bank Shares price in the year 1999 was ₹1.30. If you had invested ₹10,000 in South Indian Bank Shares in 1999, in 25 years, your investment would have grown to ₹1.73 Lakh by the end of 2024. This represents a positive return of 1633.8% from 1999 to 2024, with a compound annual growth rate (CAGR) of 12%.
Also Read: PVR INOX Year Wise Share Price History From IPO to 2024
South Indian Bank Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹28.5 and lowest was: ₹4.8
- South Indian Bank Shares price in 2019 was ₹10.1
- By 2024, its share price rose to ₹22.54
- It gave a positive return of over 123% with a CAGR of 17.4% over the last 5 years
- If you had invested ₹10,000 in South Indian Bank in 2019 then in 5 years, your investment would have grown to ₹22,316 by 2024, which is 2.23 times of your initial investment.
South Indian Bank Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹34.75 and lowest was: ₹4.8
- South Indian Bank Shares price in 2014 was ₹25.66
- By 2024, its share price dropped to ₹22.54
- It gave a negative return of over -13% with a CAGR of -1.3% over the last 10 years
- If you had invested ₹10,000 in South Indian Bank in 2014 then in 10 years, your investment would have declined to ₹8,784 by 2024.
South Indian Bank Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹34.75 and lowest was: ₹3.94
- South Indian Bank Shares price in 2009 was ₹13.53
- By 2024, its share price rose to ₹22.54
- It gave a positive return of over 66% with a CAGR of 3.4% over the last 15 years
- If you had invested ₹10,000 in South Indian Bank in 2009 then in 15 years, your investment would have grown to ₹16,659 by 2024, which is 1.66 times of your initial investment.
South Indian Bank Share Returns In Last 20 Years
- Its highest share price in the last 20 years was: ₹34.75 and lowest was: ₹3.31
- South Indian Bank Shares price in 2004 was ₹5.91
- By 2024, its share price rose to ₹22.54
- It gave a positive return of over 281% with a CAGR of 6.9% over the last 20 years
- If you had invested ₹10,000 in South Indian Bank in 2004 then in 20 years, your investment would have grown to ₹38,138 by 2024, which is 3.81 times of your initial investment.
South Indian Bank Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | South Indian Bank Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 1999 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹1,71,657.11 | ₹25,000 | ₹42,918.7 |
[Click/Touch on line to show data]
For more insights into South Indian Bank, explore these additional resources:-
- South Indian Bank Price Target Tomorrow
- South Indian Bank Price Long Term Target
- South Indian Bank Dividend History
- South Indian Bank Bonus History
- South Indian Bank Split History
Reference:
- The South Indian Bank Ltd. About company
- The South India Bank Ltd. Annual report 2022-23
- Wikipedia South Indian Bank – Wiki
