Select Page

Home / Share Price History /

South Indian Bank Share Price History (1999 To 2024)

South Indian Bank Share Price History (1999 To 2024)

Show Table of Contents

South Indian Bank Share Highlights

As of Mon 01 Jul 2024, South Indian Bank Share price is ₹27.05 which is ₹13.10 below 52-week high of ₹40.15 and ₹7.55 above 52-week low of ₹19.5

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 ₹19.5 occured on Thu 03 Aug 2023

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.

Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!

Join our WhatsApp group

Join our Telegram group

Your phone number will be HIDDEN to other users.

Advertisement

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 25 trading days, the value of South Indian Bank's stock has decreased by ₹0.70 (-2.52%). On 27 May 2024, its one share was worth ₹27.75 and by 01 Jul 2024, the value dropped to ₹27.05. During this period it created a highest high of ₹28.85 and lowest low of ₹24.30.

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 Recent Daily Close Chart
Advertisement

South Indian Bank Share Price Chart From 1999 to 2024

South Indian Bank Share Price History Table From 1999 to 2024

South Indian Bank Share Price History Table From 1999 to 2024

Advertisement
YearSouth Indian BankYOY Chg%↑High - ↓Low
1999₹1.30-

↑ ₹1.74

↓ ₹1.03

2000₹1.8240%

↑ ₹2.23

↓ ₹1.09

2001₹1.76-3.3%

↑ ₹2.90

↓ ₹1.60

2002₹2.7757.3%

↑ ₹3.95

↓ ₹1.52

2003₹6.02117.3%

↑ ₹6.33

↓ ₹2.62

2004₹5.91-1.9%

↑ ₹7.23

↓ ₹3.31

2005₹5.19-12.2%

↑ ₹6.86

↓ ₹4.32

2006₹6.8231.4%

↑ ₹6.96

↓ ₹4.00

2007₹16.07135.6%

↑ ₹16.79

↓ ₹6.11

2008₹5.15-68%

↑ ₹20.77

↓ ₹4.53

2009₹13.53162.7%

↑ ₹14.48

↓ ₹3.94

2010₹21.8661.5%

↑ ₹26.70

↓ ₹11.77

2011₹18.19-16.8%

↑ ₹23.63

↓ ₹15.84

2012₹24.6235.3%

↑ ₹27.25

↓ ₹18.01

2013₹18.38-25.4%

↑ ₹27.70

↓ ₹17.15

2014₹25.6639.6%

↑ ₹31.73

↓ ₹17.70

2015₹17.52-31.8%

↑ ₹28.88

↓ ₹16.97

2016₹17.741.2%

↑ ₹23.08

↓ ₹14.80

2017₹31.0074.7%

↑ ₹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₹18.80112.4%

↑ ₹21.80

↓ ₹7.25

2023₹26.7042%

↑ ₹28.50

↓ ₹13.75

2024₹27.051.3%

↑ ₹27.22

↓ ₹26.90

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 ₹2.08 Lakh by the end of 2024. This represents a positive return of 1980.7% from 1999 to 2024, with a compound annual growth rate (CAGR) of 12.9%.

Advertisement

Also Read: PVR INOX Year Wise Share Price History From IPO to 2024

South Indian Bank Share Returns In Last 5 Years

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 ₹27.05
  • It gave a positive return of over 167% with a CAGR of 21.7% 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 ₹26,782 by 2024, which is 2.67 times of your initial investment.

South Indian Bank Share Returns In Last 10 Years

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 rose to ₹27.05
  • It gave a positive return of over 5% with a CAGR of 0.5% 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 grown to ₹10,541 by 2024, which is 1.05 times of your initial investment.

South Indian Bank Share Returns In Last 15 Years

SOUTHBANK last15
  • 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 ₹27.05
  • It gave a positive return of over 99% with a CAGR of 4.7% 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 ₹19,992 by 2024, which is 1.99 times of your initial investment.

South Indian Bank Share Returns In Last 20 Years

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 ₹27.05
  • It gave a positive return of over 357% with a CAGR of 7.9% 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 ₹45,769 by 2024, which is 4.57 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.
To help you make a well-informed decision, we have prepared a handy table that compares the returns of South Indian Bank Share with both FD choices over time.


If you invested ₹10,000 rupees each in these 3 options in :

YearSouth Indian Bank InvestmentFD Normal InvestmentFD Compond Investment
1999₹10,000₹10,000₹10,000

Then today, your investment would have become this much in each option:

2024₹2,06,029.22₹25,000₹42,918.7



[Click/Touch on line to show data]


For more insights into South Indian Bank, explore these additional resources:-

Reference:


About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter