State Bank of India

NSE: SBIN | BSE: 500112 | ISIN: INE062A01020 | Industry: Banks
| Strong Performer
828.9500 -1.45 (-0.17%)
NSE Aug 20, 2025 15:59 PM
Volume: 4.5M
 

828.95
-0.17%
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.
State Bank of India has an average target of 958.08 from 13 brokers.
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