Pros and cons of investing in SBI

Against that, the stock is +0.7% on the day at ₹970.00, and has returned -5.4% over three months. It sits 21% below its 52-week high. The banks sector has moved -4.2% over the same period, so State Bank of India is running 1.2 points behind its peers.

For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.