SBI shares: Strong NII, improving margins drive analysts' optimism after Q2
Jefferies rate stocks including State Bank of India.
· Business Standard Mkts
Jefferies called SBI its "top pick from the sector" and believes that CET-1 CAR at 13 per cent, healthy ROEs & scope to monetise stakes in businesses can support growth.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Jefferies, with ratings on the stocks named. The stocks: State Bank of India (SBI).
- Over three months: State Bank of India (SBI) -7.2% against Banks -7.4% (0.2 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹973.25 | +0.3% | +1.7% | -7.2% | -20.7% | 0.7× | — |
Banks
1M -2.7% · 3M -7.4%
State Bank of India (SBI)
Prices as of 4 Nov 2026, 10:42 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Stocks in news: ITC, Marico, SBI, Yatra Online, NSE, Container Corp and Sun Pharma
Q2 Results Live: Pfizer's One-Time Gain Lifts Profit; SBI Asset Quality Improves; Solar Industries Profit Zooms 79%
Loan growth, fall in provisions help SBI profits in Q2
SBI quarterly results: Bank shares decline despite loan growth, better asset quality in Q2 - What it means to investors
SBI posts quarterly profit rise on loan growth, stake sale