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via economictimes.indiatimes.comMarkets

SBI share price target: Jefferies, Motilal and others see up to 34% upside

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

State Bank of India has seen a remarkable 15% increase in profits year-on-year, totaling Rs 23,038 crore for the second quarter. With a loan book surpassing Rs 52 lakh crore and a 10% rise in interest income, brokerages have set optimistic Buy ratings on SBI shares, suggesting…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishBroker Buy ratings on a major Indian bank support sentiment in the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SBI profit rose 15% year on year to Rs 23,038 crore in Q2.
  2. 02The loan book exceeds Rs 52 lakh crore, with interest income up 10%.
  3. 03Brokers set targets between Rs 1,225 and Rs 1,350.
  4. 04Management flagged risks from macro shifts and possible treasury losses.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
State Bank of IndiaSBIN.NSEStock977.40 INR-0.08%today +0.74%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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