SBI Share Price Hits 52-Week High: Q3 Net Profit Jumps 24% – Is it Still a Buy?
NIVESH DRISHTI | MARKET INSIGHTS
SBI Q3 Results: The PSU Giant Outshines Private Peers
State Bank of India (SBI) has shocked the market with a stellar Q3 performance, hitting a new 52-week high of ₹1,137. While private giants like HDFC and ICICI struggle with margins, the "Elephant" is now leading the race.
+24%
NET PROFIT (YoY)
₹1,137
52-WEEK HIGH
🔍 Why SBI is Winning?
- Loan Growth: Outpacing private sector peers with aggressive expansion.
- Asset Quality: Significant reduction in NPAs, making the balance sheet cleaner than ever.
- Operational Beats: Stronger revenue generation compared to HDFC & ICICI this quarter.
🎯 JEFFERIES TARGET UPDATE
₹1,300
Analysts expect the stock to continue its upward momentum based on stable margins.
Disclaimer: Stock market investments are subject to market risks. Please consult a financial advisor.
Source: Economic Times & Nivesh Drishti Research.

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