SOUTH INDIAN BANK: (BSE: 532218 | NSE: SOUTHBANK)
Something went seriously wrong here. All that new costly image-building exercises and now the worst performing quarter in 2½ years. With a sequential drop of 38.20% and a YoY drop of 23%, nobody except the management knows what went wrong here. The market has already started on a severe correction on the scrip, which is expected to gather momentum unless a comprehensive explanation is delivered.
Something went seriously wrong here. All that new costly image-building exercises and now the worst performing quarter in 2½ years. With a sequential drop of 38.20% and a YoY drop of 23%, nobody except the management knows what went wrong here. The market has already started on a severe correction on the scrip, which is expected to gather momentum unless a comprehensive explanation is delivered.
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