Kamarajar Port picks SBI Capital, IDBI Capital and ICICI Securities for IPO
State Bank of India secured new business in an infrastructure development.
· LiveMint Markets
Kamarajar Port valuation discussions are still some time away, but the IPO is likely to be completed within calendar…
The analysis
Against that, the stock is -0.6% on the day at ₹1,080.00, and has returned -0.3% over three months. It sits 12% below its 52-week high. The banks sector has moved +2.5% over the same period, so State Bank of India is running 2.8 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
- Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- In focus: State Bank of India (SBI) (SBIN), in Banks.
- On the day, 0 of 2 are higher: ICICI Bank leads at -0.4% and State Bank of India (SBI) trails at -0.6%.
- Over three months: State Bank of India (SBI) -0.3% against Banks +2.5% (2.8 points behind); ICICI Bank +12.6% against Banks +2.5% (10.1 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹1,080.00 | -0.6% | +12.8% | -0.3% | -12.0% | 1.1× | — |
| ICICI BankICICIBANK · Banks | ₹1,583.60 | -0.4% | +16.4% | +12.6% | -0.4% | 0.7× | — |
Banks
1M +5.9% · 3M +2.5%
State Bank of India (SBI), ICICI Bank
Capital Goods & Engineering
1M -5.4% · 3M -7.7%
Capital Markets
1M +6.3% · 3M +3.5%
Prices as of 13 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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