South Indian Bank Ltd Sees 35 Million Shares Traded, Ranking Among Most Active Equities

South Indian Bank Ltd, a small-cap player in the private sector banking industry, has emerged as one of the most active equities today, with a total traded volume of 35,029,031 shares and a total traded value of approximately Rs 13,703.36 lakhs. The stock opened at Rs 38.50 and reached a day high of Rs 40.30, marking a new 52-week high. However, it has seen a slight decline, with the last traded price at Rs 38.59, reflecting a 1D return of -0.64%.
Despite this dip, South Indian Bank is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in its performance metrics. However, it has underperformed compared to its sector, which recorded a 1D return of 0.82%. Notably, investor participation has decreased, with delivery volume falling by 9.03% against the 5-day average.

With a market capitalization of Rs 10,098.04 crore, South Indian Bank continues to maintain liquidity suitable for trades of approximately Rs 6.63 crore, reflecting its position in the market. Overall, while the stock has faced some challenges today, it remains a significant player in the private banking sector.