BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Citi maintains buy on State Bank of India
New loan growth remains sluggish. Weak profitability trends unlikely to change. Balance sheet will be a slow fix. However, valuations are attractive at 1.3 times price/book value.