BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Kotak Securities recommends buy on South Indian Bank
Kotak Securities has recommended buy on South Indian Bank for target price of Rs 33.30. It says South Indian Bank's Q1FY2018 result was quite below our expectations; however we continue to reiterate our BUY on the stock looking at its attractive valuations and the receding asset quality stress.