Buy, sell or hold: What should investors do with SBI post June quarter results?

Buy, sell or hold: What should investors do with SBI post June quarter results?

Most brokerage firms maintained their rating on (SBI) post June quarter results on healthy loan growth and stable asset quality. Reacting to the results, shares of SBI fell over 2 per cent in morning trade. Long-term investors can consider buying the stock now or on dips for a possible target of over Rs 600-650 in … Read more

SBI Q1 Results: Net profit down 6.7% at Rs 6,068 cr; misses Street estimates

SBI Q1 Results: Net profit down 6.7% at Rs 6,068 cr; misses Street estimates

NEW DELHI: (SBI) on Saturday reported a 6.70 per cent year-on-year (YoY) drop in net profit at Rs 6,068.08 crore compared with Rs 6,504 crore in the same quarter last year. The profit figure missed ET NOW poll projection of Rs 8,300 crore by a wide margin. Net interest income (NII) for the quarter rose … Read more