
Business & Finance
Oct 24•5 min read
South Indian Bank Q2 Profit Jumps 21% as NPAs Fall
Net profit climbed to INR 426 crore alongside improved asset quality, prompting ICICI Securities to set a target price of INR 63.
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Net profit climbed to INR 426 crore alongside improved asset quality, prompting ICICI Securities to set a target price of INR 63.

Institutional buyers poured over $1 billion into US spot funds, but heavy derivative hedging and spot market selling capped price gains.