State Bank of India

NSE: SBIN | BSE: 500112 | ISIN: INE062A01020 | Industry: Banks
| Strong Performer, Under Radar
808.8500 0.05 (0.01%)
NSE Sep 09, 2025 15:31 PM
Volume: 4.6M
 

808.85
0.01%
HDFC Securities
Maintain BUY with a SOTP of Rs 352 (1.3xSept-20E ABV of Rs 181 + Rs 112 subs value) Although SBINs 2Q earnings were higher than estimates, they lacked quality. The bank would have reported a loss for the 4th consecutive qtr had it not been for exceptional items of ~Rs 10.87bn and under provisioning (Rs 53bn) for one NCLT case. Consequently, it reported a PAT of ~Rs 9.4bn.
SBI Securities released a report for State Bank of India on 22 Aug, 2025.
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