South Indian Bank is a midcap private sector bank headquartered in Thrissur, Kerala in South India. This stock has seen recent selling by a HSBC Fund, where it has sold 1.2 Crore Shares in the company.
Please watch the video below to get to know more about the company
Here please remember that selling by a fund does not necessarily imply dark days ahead for a company. When there is a seller, there also exists a buyer which means that we must wait for clarity to emerge on who are the new entrants in the share.
Standard Disclaimer :: The information in this article has been compiled from freely available information on the internet. None of the stocks mentioned here should be considered as recommendations to buy and one must consult their financial advisor prior to acting on any of the information presented herewith.
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