BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Morgan Stanley maintains underweight on SBI
The stock has done well since Q4 earnings announcement. We believe earnings per share and return on equity will struggle in FY17 and FY18. Provisioning will stay at very elevated levels. In the longer term we expect continued underperformance.