State Bank of India or SBI Share Price is in the news today, as the bank has recently released its Q1 FY26 results. It shows a 12.5% increase in net profits. Should you buy, hold or sell these shares? Let’s take a look at the company’s financials, recent news, target price, and recommendations.
SBI Share Price in The Market
As of today, the SBI Share Price is at Rs 804.30, which is 0.11% down. Yesterday, shares opened at Rs 805 and touched a high of Rs 807.80. The current UC limit is at Rs 885.65, and the LC limit is at Rs 724.65. The total market capitalization of the bank stands at around Rs 742419 crores.
Company Financials
State Bank of India has released its Q1 FY26 results, which show a 12.5% growth in net profits to Rs 19160 crores on a YoY basis. In the first quarter, SBI’s earning from interest were Rs 117995.88 crores that is 5% jump from the same period last year. Operating profit of the bank has also grown by 15.49% to Rs 30544 crores. However, earnings from net interest income have decreased by 0.13% to Rs 41072 crores.
Recent News on SBI
- As per the latest Q1 results, SBI has reported a 12.5% growth in net profits to Rs 19160 crores, thats above market expectations.
- SBI has undergone a significant senior leadership reshuffle. Mr. Ramesh Srinivas Rao has become Deputy Managing Director (CCG-I), Mr. Rajeev Kumar has become Deputy Managing Director of Internal Audit, and Mr. Kishore Kumar Poludasu has become Deputy Managing Director of Human Resource & Chief Development Officer in June 2025.
SBI Share Price Target
As one of the popular bank stocks, SBI Share has multiple target price suggestions from analysts and institutions. Motilal Oswal suggests a target of Rs 925. Consensus suggests Rs 929.96 by the end of this year. Lastly, investing.com suggests a range between Rs 930 and Rs 1102.
Recommendation on Buy or Sell
According to the moneycontrol website, 68% of the analysts suggests buying SBI Shares. The remaining 15% suggests holding, and only 2% suggests selling. On the other hand, Consensus analysts suggest buying SBI Shares.
Disclaimer: All the information shared in this article is for informational purposes only. Any recommendations mentioned are made by individual analysts or experts. India Hood does not recommend Buy or Sell, nor will she be responsible. Investors are strongly advised to consult with certified experts before making any investment decisions.
