South Indian Bank lost 1.75% to Rs 22.40 at 11:52 IST on BSE, with the stock sliding on profit booking after Wednesday's 9.88% rally.
Meanwhile, the S&P BSE Sensex was up 90.97 points or 0.43% at 21,367.83.
On BSE, so far 3.25 lakh shares were traded in the counter as against average daily volume of 4.47 lakh shares in the past one quarter.
The stock was volatile. The stock lost as much as 2.63% at the day's low of Rs 22.20 so far during the day. The stock rose as much as 1.31% at the day's high of Rs 23.10 so far during the day. The stock had hit a 52-week high of Rs 26.35 on 7 June 2013. The stock had hit a 52-week low of Rs 18.95 on 4 September 2013.
The stock had outperformed the market over the past one month till 5 March 2014, surging 14% compared with the Sensex's 5.01% rise. The scrip had also outperformed the market in past one quarter, jumping 10.14% as against Sensex's 1.52% rise.
The small-cap company has equity capital of Rs 134.39 crore. Face value per share is Re 1.
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Shares of South Indian Bank had rallied 9.88% to settle at Rs 22.80 on Wednesday, 5 March 2014.
South Indian Bank's net profit rose 10.2% to Rs 141.31 crore on 11.7% growth in total income to Rs 1334.74 crore in Q3 December 2013 over Q3 December 2012.
South Indian Bank is a Kerala-based private-sector bank.
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