DRChoksey Research has maintained a BUY on State Bank of India, setting a sum-of-the-parts target of Rs 1,272 against a market price of Rs 1,062, an upside of about 20 percent.
State Bank of India continues to demonstrate operational resilience amid a challenging interest-rate environment, but stretched valuations are prompting caution.
Emkay Research issues a BUY recommendation on State Bank of India (SBI), India's largest lender, positioning the stock as a compelling value play for investors seeking stable growth and resilient r
SBI shares declined by 1.2 percent on Friday. The banking major faced rejection at higher levels (around Rs 820) and technical charts suggest weakness.
SBI shares will be on focus on Thursday as the largest public sector bank in India successfully raised Rs 25,000 crore via QIP route. SBI stock closed today's session 0.6 percent higher at Rs 820.