Budget 2023 pick: This smallcap stock may jump more than 30%

Budget Pick 2023: Market expert Rahul Sharma on Monday, January 23, recommended shares of South Indian Bank to Zee Business viewers for bumper gains. The stock was recommended in a special segment 'Budget 2023- My Pick' aired on Zee Business.

South Indian Bank

Headquartered in Thrissur, Kerala, South Indian Bank is a private-sector bank. Rahul said that performance in the banking sector was good last year. Now, a cooling off is being witnessed.

He recommended the stock for buying.

Also, read- Budget 2023: Buy Metro Brands shares- Check price target | Budget Pick 2023 on Zee Business

South Indian Bank Share Price Target: Rs 25

Stop loss: Rs 15

 #BudgetMyPick

Budget में ऐलान से ये शेयर करेगा कमाल...

आज JM फाइनेंशियल के राहुल शर्मा ने South Indian Bank में निवेश की क्यों दी सलाह?#Budget2023 #BudgetOnZee #ShiningIndia #AnilSinghvi @rahul2506 @JMFSLtd @AnilSinghvi_

#ZeeBusiness https://t.co/66QsfgQDPf pic.twitter.com/Wlivumu3mq

— Zee Business (@ZeeBusiness) January 23, 2023

Market expert Sanjiv Bhasin had in September last year recommended South Indian Bank share for long-term investment to Zee Business viewers. He had said that the stock could yield a 100 per cent return from the current level, resulting in wealth gain for the investors. The stock was around Rs 9 apiece when Bhasin had recommended. 

Click Here For Latest Updates On Stock Market | Zee Business Live