SBI share price rises 2% on strong Q4 earnings; key positives for this PSB stock ahead
SBI's share price rallied a little over 2% on Friday after posting yet another strong quarter. Experts are upbeat on SBI's growth in FY24 and has recommended buying in this PSB's stock price.
Leading public sector lender, State Bank of India (SBI) posted a stellar buying during Friday's trading session. The PSB's stock gained by at least 2.07% on BSE with an intraday high of ₹586.05 apiece. Investors are upbeat about SBI after it posted better-than-expected Q4 earnings. Experts are optimistic about the bank and have recommended buying ahead. Among key positive factors for SBI ahead would be its strong retail franchise, improved asset quality, and better treasury gains.
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