Buy call to State Bank of India
Axis Securities has placed a buy call on State Bank of India with a target price of Rs. 665/- is Currently the market price of this share is Rs. 533.5/- is A period of 1 year has been given to reach the expected price.
This company was established in 1955 and is a banking company. Market Capitalization Rs. 474655.48/- crores, product and revenue segment includes interest, discount, investment income, other funds.
In the quarter ending June 2022, the company earned Rs. 94524.30/- Crores with a growth of 1.35%. Last year in this quarter this amount was Rs. 93266.94/- Crore.
State Bank of India has promoter holding 57.57%, FII 9.62%, DII 25.09%.
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