Top brokerages see up to 20% upside for SBI stock in a year

Top brokerages see up to 20% upside for SBI stock in a year

Shares of State Bank of India (SBI) are seeing a surge in investor optimism after the lender’s strong September-quarter results, prompting a series of price target upgrades from analysts. While derivatives data showed fresh bullish positions being built, top brokerages are projecting a 7–20% upside in the stock over the next 12 months. SBI’s standalone … Read more

SBI share price can surge up to Rs 1,000, say bulls after Q4 results

SBI share price can surge up to Rs 1,000, say bulls after Q4 results

Brokerages remain bullish on State Bank of India(SBI) after the lender made a swift recovery in earnings reporting a standalone net profit of Rs 20,698 crore in Q4, up 24% YoY. The estimates on the target price for SBI go as high as Rs 1,000. The profit was higher than the Street estimate of Rs … Read more