Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
280.95
Change Change %
-2.75 -0.97%

Updated:25 Jan, 2021, 16:05 PM IST

BSE
280.90
Change Change %
-2.85 -1.00%

Updated:25 Jan, 2021, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
LKP Research
N/A
20-02-2020 Buy 327.65 404.00
N/A
Closed Short (1M)
20-03-2020

LKP Recommends 'Buy' On State Bank Of India

According to LKP, State Bank Of India (SBI) is expected to post record profitability beginning current fiscal year despite assuming higher slippage/credit cost guidance than the management. Lower employee provisions, higher employee retirals, a stable branch headcount, digitisation and higher technology investments and cost savings on recruitment of employees are expected to enable SBI to lower its cost ratios from 55.7 per cent in FY19 to 50.9 per cent in FY22, the brokerage adds.

Top
Listen to the latest songs, only on JioSaavn.com