Today, on 21st April 2025, SBI Share Price saw a rise of almost 3.2%. The rally occurred after the Bank released its fourth quarter results on 21st April; the Bank declared a dividend of Rs. 13.07 per equity share for FY 2025. Today, SBI’s shares opened to the market at Rs. 803.00, an increase from the previous session’s close of Rs. 797.45.
SBI Bank Share Price in Today’s Market
At 10:45 a.m., SBI Bank’s share price was Rs. 280.15, nearly 2.88% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalisation shows 732,175 cores; the UC Limit is 877.15, and the LC Limit is 717.00.
Q4 Financials
According to the results declared on 21st April, SBI Bank’s net profit stood at Rs. 20,698 crore, marking a 24% year-on-year (YoY) increase from Rs. 16,694 crore in Q4 FY24. The Net Interest Income was reported to be Rs. 41,655 crore, up 3% YoY. SBI declared a dividend of Rs. 13.70 per equity share for FY25.
Recent News About SBI Bank
- SBI sought to raise Rs. 50 billion in February 2025 by issuing perpetual bonds that complied with Basel III. However, despite recent policy rate decreases and central bank cash infusions, the Bank delayed its March intention to raise $1.7 billion through bond sales because of high yields.
- In March 2025, SBI consented to sell Jio Financial Services its remaining Jio Payments Bank interest for Rs 1.05 billion, subject to Reserve Bank of India approval.
SBI Bank Share Price Target
As per Trendlyne, the State Bank of India has an average target of 958.17. The consensus estimate represents an upside of 17.09% from the last price of 818.35.
Should You Buy, Sell, Or Hold?
On MoneyControl and Trendlyne, analysts are strongly leaning towards buying the shares. On MoneyControl, 68% of experts suggested buying, 2% recommended selling, and 10% supported holding the shares. Before investing in SBI Bank, consider its long-term performance and consult your analyst to make the perfect move.
