State Bank of India

NSE: SBIN | BSE: 500112 | ISIN: INE062A01020 | Industry: Banks
| Strong Performer

862.35
0.94%
HDFC Securities
SBIN posted QoQ improvement in headline asset quality (G/NNPA -9/20%) along with a sharp rise in PCR ( 557bps). However, gross stressed asset additions increased QoQ to 5.3% ann., led by a ~3x rise in restructuring.
State Bank of India has an average target of 958.08 from 13 brokers.
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