SBI shares: Emkay Global sees 40% rise in State Bank of India stock in 12-month2 min read . Updated: 26 Mar 2022, 01:50 PM IST
- SBI share price: State Bank of India has promised above-systemic credit growth of around 9.5 to 10 per cent in FY22E
SBI share price: After the outbreak of Russia-Ukraine war, State Bank of India or SBI shares have remained almost unaffected despite weakness in global equity markets. After losing for few sessions, the banking major has been able to remain strong throughout this month. According to Emkay Global research report, SBI's growth and margins are expected to improve and such strong fundamentals of leading Indian commercial bank may fuel its stock price up to ₹680 apiece levels in next 12 months. They have advised long term positional investors to buy SBI share for this one year target and book around 40 per cent profit in one year time.
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