Zetwerk IPO review: Analysts divided on growth prospects; losses a concern
State Bank of India secured new business in an ipo & listings development.
· Business Standard Mkts
Zetwerk IPO review: Brokerages have shared mixed views on the public issue. SBI Securities and ICICI Direct have recommended a 'Subscribe' rating, while Swastika has rated it 'Neutral'.
The analysis
Against that, the stock is +0.7% on the day at ₹961.65, and has returned -6.6% over three months. It sits 22% below its 52-week high. The banks sector has moved -3.5% over the same period, so State Bank of India is running 3.1 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.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The company directly in focus is SBIN.
- Sector exposure: Banks.
- The immediate tone of coverage reads negative.
In this story
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