SBI share hits 52-week high amid SC decision on electoral bonds
SC asks SBI to issue details of parties that received electoral bonds, along with the date and names of purchasers, and denomination
SC asks SBI to issue details of parties that received electoral bonds, along with the date and names of purchasers, and denomination
State Bank of India shares gained as much as 6.4% to hit a record high of ₹718.80 intraday today, while the m-cap surged to ₹6.36 lakh crore.
Analysts say Q3 profit saw a one-off drag; believe banking heavyweight’s financials are "healthy” with sustainable credit growth & stable NIM
Most brokerages have assigned “Buy” ratings to SBI shares after Q3 results, with a potential upside of 28% from the current market price.
The robust growth in Q3 FY23 has been attributed to strong growth in its core income and a reduction in provisions.