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Expansion▲ Bullish for The South Indian Bank
Breaking out: 97-year-old South Indian Bank wants to outgrow name, go national
The brief
- Plans to expand in Maharashtra, Gujarat and the national capital
- Expansion could broaden South Indian Bank’s reach and growth prospects
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| SOUTHBANK | Fri, 25 Sept | +0.1% | −0.2% | 2.5× | +0.1% · Nifty +0.3% |
○ Classifier read this as positive; SOUTHBANK barely moved against the Nifty on the day it traded.