A Comprehensive Analysis of State Bank of India Stock
Overview:
State Bank of India is a leading financial institution that provides a wide range of banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through various segments such as Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business. It offers personal banking products, corporate banking products, NRI services, agricultural banking services, international banking services, life and general insurance, estate planning services, and various other financial products and services.
Key Financial Statistics:
- Current Price: INR 856.25
- Previous Close: INR 859.75
- Day's Range: INR 853.5 - 865.0
- Market Cap: INR 7,641,696,829,440
- PE Ratio (TTM): 11.40
- EPS (TTM): 75.14
- Dividend Rate: INR 13.7
Company Officers:
The company is led by a team of experienced and highly capable officers including Mr. Challa Sreenivasulu Setty, Mr. Ashwini Kumar Tewari, Mr. Vinay M. Tonse, Mr. Kameshwar Rao Kodavanti, Mr. Pravin Raghavendra, Mr. Mahindra Kumar, Mr. Binod Kumar Mishra, Ms. Saloni Narayan, Mr. Rana Ashutosh Kumar Singh, and Mr. Nitin Chugh.
Key Ratios and Margins:
- Profit Margin: 20.51%
- Return on Assets: 1.10%
- Return on Equity: 17.33%
- Operating Margin: 31.40%
Analyst Recommendations:
- Target High Price: INR 1050.00
- Target Low Price: INR 665.00
- Target Mean Price: INR 896.52
- Recommendation: Buy
- Number of Analyst Opinions: 40
Conclusion:
State Bank of India is a well-established financial institution with a strong presence in the market. It offers a diverse range of financial products and services and is led by a capable team of officers. The company's key financial statistics and ratios indicate its stability and growth potential. Analyst recommendations also favor a positive outlook for the stock. Overall, State Bank of India presents a compelling investment opportunity in the financial services sector.