SBI shares in focus after Q2 earnings beat estimates. Should you buy, sell, or hold?

  • Posted on November 11, 2024
  • By Business News Today
  • 1 Views
SBI shares in focus after Q2 earnings beat estimates. Should you buy, sell, or hold?

State Bank of India (SBI) exceeded profit forecasts, posting a 28% surge to reach Rs 18,331 crore. This robust performance was fueled by a 5% rise in net interest income, though deposit growth trailed behind loan growth. Analysts are optimistic, with many upgrading target prices and praising SBI's asset quality and growth prospects.
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