Profit

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

NSE
412.90
Change Change %
-7.35 -1.75%

Updated:18 Jun, 2021, 15:59 PM IST

BSE
412.80
Change Change %
-7.40 -1.76%

Updated:18 Jun, 2021, 16:00 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
24-05-2021 Buy 412.05 530.00
N/A
Open Long (1Y)
20-01-2022

Motilal Oswal Maintains Buy On State Bank of India

State Bank of India reported a strong 4QFY21 in a challenging environment. Deposit growth stood strong, led by healthy CASA trends, while loan growth is likely to recover gradually over FY22-23E. Asset quality outlook remains particularly encouraging, with record low slippages and controlled restructuring book. We maintain our buy rating with a revised target price of Rs 530 per share, Motilal Oswal said.

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