OICHARTS
8 AMThe 8 AM report →
BankingMedium impactAfter close

South Indian Bank upgraded to strong buy on valuation metrics

after close1 source ↓written by the desknot a recommendation

stands
8.06
RBL Bank
60.79
0.60

South Indian Bank has been upgraded to strong buy due to its attractive valuation metrics. The PE ratio stands at 8.06, significantly lower than peers like RBL Bank at 60.79. The PEG ratio is 0.60, indicating the stock is undervalued relative to growth potential. With a ROE of 12.80% and ROA of 10.5%, the bank's financial performance supports this positive outlook.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 27 Jul 2026, 16:02 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SOUTHBANK closed −1.6% on the day of the news, from ₹47.90 to ₹47.13; Nifty 0.0% over the same session.

Bulletin at 16:02 IST on 27 Jul 2026. Every change is measured from ₹47.90, the last close before it, on 27 Jul. Nifty 50 is measured over the same sessions.

  • SOUTHBANK close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SOUTHBANK closes around the bulletin against the close before the news, with Nifty 50 rebased to it41.0847.9054.72axis spans 33%before the news · 27 Jul47.90Nifty 50SOUTHBANKbulletinD0+1+3+521 Jul31 Jul11 AugReference close ₹47.90. 16 sessions from 21 Jul to 11 Aug; the price axis spans 33 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Jul₹47.90basebase
On the day28 Jul₹47.13▼ −1.6%0.0%−1.6 pp difference
+1 session29 Jul₹46.49▼ −2.9%▲ +1.1%−4.0 pp difference
+3 sessions31 Jul₹46.70▼ −2.5%▲ +1.6%−4.1 pp difference
+5 sessions4 Aug₹46.86▼ −2.2%▲ +2.6%−4.8 pp difference
Gap at the open, % · ₹
▲ +0.2%+0.10 on 28 Jul
Day's range, % · ₹
2.1%≈ 1.0 high to low
Volume on the day
0.35×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · SOUTHBANK on the desk →

Related