SBI share rises 25% in 2 days; check new target price post Q3 earnings
In the last five sessions, SBI stock has risen 41.78%. SBI stock is trading higher than 5, 20, 50, 100 and 200-day moving averages. The stock has risen 42% in one month and 45% year-to-date
BusinessToday.In | February 5, 2021 | Updated 12:51 IST
JM Financial has a Buy rating on SBI stock with a target price of Rs 350.
State Bank of India (SBI) shares hit a fresh 52-week high of Rs 408.35 apiece on BSE, clocking a 25% jump in two days after the company announced its December quarter earnings.
After closing at a 10% upper circuit of Rs 355.10 yesterday, the stock of SBI opened with a gain of 8.7% today at Rs 386, its day s low and touched a new 52-week high of Rs 408.35 in the early session, rising 15%.