Shares through its investment arm BNP Paribas Financial Markets at Rs. 1,204 were bought, against Thursday’s Rs. The shares were bought against a closing price of 1,209.50. Today, the SBI stock fell 0.64% from its previous closing price to Rs. closed at 1,201.80.
Shares of SBI have returned investors with a return of around 70% in the last 12 months, significantly ahead of the 12% return by the Nifty and 9% by the BSE Sensex. According to Trendline its shares are currently trading at Rs. 1,073 and Rs. are trading above their 50-day and 200-day simple moving averages (SMA) of 911.
SBI recently overtook IT bellwether Tata Consultancy Services (TCS) to become India’s fourth largest company by market capitalization, valued at Rs. 11 lakh crore crossed. Reliance Industries, HDFC Bank and Bharti Airtel are ahead of SBI.
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SBI reported a 24% year-on-year (YoY) growth in its standalone net profit in the third quarter while its net interest income (NII) rose 9% year-on-year to Rs. 45,190 crores.
The profit reported during the quarter was the highest ever for the bank, on the back of healthy loan growth.
The lender’s net interest margin was 2.99% in Q3FY26, while domestic NIM was 3.12%. For the nine months ended December 2025, domestic NIM was 3.08%.
Asset quality continued to improve with gross NPA ratio declining by 50 basis points year-on-year to 1.57%. Net NPA ratio declined by 14 basis points to 0.39%.
Provision coverage ratio including AUCA was 92.37%, while PCR excluding AUCA was 75.54%. Slippage ratio for the quarter remained contained at 0.40%, and credit cost stood at 0.29%.
Also Read: SBI’s 70% Rally Narrows Valuation Gap With HDFC Bank, ICICI – Buy, Hold or Book Profits?
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