South Indian Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 16.05, up 1.58% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.04% on the day, quoting at 11466.9. The Sensex is at 38123.07, up 0.07%. South Indian Bank Ltd has risen around 22.52% in last one month.

Meanwhile, Nifty Private Bank index of which South Indian Bank Ltd is a constituent, has risen around 10.21% in last one month and is currently quoting at 16915.55, up 0.18% on the day. The volume in the stock stood at 122.77 lakh shares today, compared to the daily average of 209.89 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 16, up 0.63% on the day. South Indian Bank Ltd is down 33.26% in last one year as compared to a 13.26% spurt in NIFTY and a 23.7% spurt in the Nifty Private Bank index.

The PE of the stock is 9.81 based on TTM earnings ending December 18.