- The current price of SIB is about 25.
- The company split the shares thats why the price of the share came down.
- Now the face value is Rs.1/- Before splitting, the price go to a level of about Rs.480.
- We can expect good reports in the coming financial quarters.
- The bank has got ISO.9001 certificate in credit processing.
- The net interest margin is 3.11% (The net interest margin helps a company determine whether or not it has made wise investment decisions. A negative net interest margin indicates that a company has has a net negative return. A positive net interest margin indicates the opposite.).
- It is best for a Kerala bank.
- I expect the price will be in the range Rs.30 to 35 within 1 year. Buy SIB in the range 20 to 24.
Regards Hari " लोका समस्ता सुखिनो भवन्तु "
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nice management and good quality work.
ISO 9001 Certificate