SBI Share Price: Shares of State Bank of India (SBI), the country’s largest public sector bank, witnessed a massive surge on Monday morning. SBI’s share price rose by more than 6 percent at the start of trading. The main reason for this surge is the bank’s strong quarterly results. Following the impressive performance, several market experts are advising investors to buy SBI shares. Notably, State Bank of India recorded its highest-ever profit in the December quarter, further strengthening investor confidence.
Record Profit in December Quarter
According to data released by SBI, the bank’s net profit increased to ₹21,028 crore in the December quarter. This is the highest level in the bank’s history. During this period, the bank’s net interest income increased by more than 9 percent year-on-year to ₹45,190 crore. In the same quarter last year, this figure was ₹41,446 crore. A more than 15 percent increase in the bank’s loans has further strengthened this growth.
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Improvement in NPAs and Reduced Provisions
The bank’s asset quality has also improved. As of December 31, 2025, SBI’s gross NPA ratio decreased to 1.57 percent, compared to 1.73 percent in the previous quarter. The bank’s total provisions stood at ₹4,507 crore, which is considered under control.
Shares Reach 52-Week High
On Monday, SBI shares opened at around ₹1120 on the BSE. Within a short time, strong buying activity was observed, and the share price rose by 6.60 percent to ₹1136.85. This is a new 52-week high for SBI. The bank’s 52-week low is ₹679.65. Currently, State Bank of India’s market capitalization is approximately ₹10.40 lakh crore.
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What are brokerage houses saying?
Following SBI’s strong results, several brokerage houses maintain a positive outlook on the stock. Nomura has given SBI a BUY rating with a target price of ₹1235. CLSA has given a target of ₹1275, Citi ₹1265, and Jefferies ₹1300. Meanwhile, Nomura has set a target price of ₹1250 and UBS ₹1120.
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Adarsh P
Adarsh Pal is a content writer at Timesbull Media. He specializes in writing news related to industry updates, the automotive sector, banking, telecommunications, the travel sector, and personal finance. Adarsh has previously worked with several digital media channels. He is skilled at presenting news accurately and disseminating information based on...
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