SBI spur with big boost amid Q3 results, PSU Bank to magnify banking sector zone with good investing growth

New Delhi: The largest public sector bank of India, State Bank of India has crafted a strong and remarkable historic approach with an all-time 52-week high at Monday morning session, hitting high at Rs 1,136.60.

Significantly, the PSB has reported strong revenue growth with strong loan quality, improved asset structure with steady earnings margins, and Net interest income standing at Rs 45,190 crore, with 9% YoY growth. The Net profit was reported at Rs 21,028 crore in the December-end quarter with 24.5% rise. The Gross Non-Performing Assets (NPA) ratio has been improved to 1.57% from 1.73%. Further, the credit growth has been reported robust and stable in Q3FY26.

The investors can seek a retained and buying and selling stance with new price targets, estimated good quality improvements. The brokerage firm Jefferies however retained a bullish stance with new hike of price target of Rs 1300 approximately with long-term price framework to outline an upside ratio of around Rs 1,380 to 1,390, witnessing a strong growth opportunity.

The strong loan growth with retail advances, good SME loan access with good credit growth has been accelerating the investors credibility towards the investing opportunities with broadly stabilize long-term revenue returns. The estimated asset quality with assured slippages has provided commendable opportunities with sequentially with strong aid of recoveries and coverage ratio along with strong operational metrics.