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SOUTHBANK — South Indian Bank News Story

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South Indian Bank hits record high on quarterly profit rise

BUZZ-South Indian Bank hits record high on quarterly profit rise

** Shares of India's South Indian Bank SIBK.NS rise as much as 4.9% to hit record high of 52.08 rupees, last up 2.7%

** Bank reports September-quarter net profit rises 21.4% Y/Y to 4.26 billion rupees ($44.82 million) from 3.51 billion rupees a year earlier

** More than 54.36 million shares change hands, about 4.1x the 30-day average volume

** Stock rated "buy" on average by 7 analysts; median PT is 50 rupees - LSEG-compiled data

** Stock up 33% YTD





($1 = 95.0500 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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