South Indian Bank Ltd Sees 52.5 Million Shares Traded, Surges 11.12% Today

South Indian Bank Ltd (SOUTHBANK) has emerged as one of the most active equities today, showcasing significant trading activity. The stock recorded a total traded volume of 52,555,746 shares, with a total traded value of approximately Rs 18,573.20 lakhs. Opening at Rs 32.91, the stock reached a day’s high of Rs 36.75, marking an impressive intraday increase of 11.12%. The stock also hit a new 52-week high of Rs 36.28 today.
In terms of performance, South Indian Bank outperformed its sector by 7.29%, while the stock's one-day return stood at 9.53%. The bank's market capitalization is noted at Rs 9,357.50 crore, categorizing it as a small-cap entity. Despite the positive price movements, there has been a notable decline in investor participation, with delivery volume dropping by 54.53% compared to the five-day average.

The stock has exhibited high volatility today, with an intraday volatility of 8.6%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks. Overall, South Indian Bank's trading activity reflects a dynamic day in the market, characterized by significant price movements and trading volume.