Kotak Institutional Equities has reiterated its ‘Buy’ rating on State Bank of India (SBI), setting a target price of ₹975 per share. This suggests a potential 16% upside from the current market price (CMP) of ₹841.10. The brokerage expresses reduced concerns regarding SBI’s asset quality and anticipates the bank to deliver healthy return ratios in the medium term.
Disclaimer: This information is for informational purposes only and does not constitute financial advice.
