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jatin_agarwal
5 Nov 2022 pukul 16.04

State Bank of India Bullish Pembelian

STATE BK OF INDIANSE

Deskripsi

Earnings NEWS: State Bank of India reports the highest ever quarterly Net Profit of Rs 13,265 Cr (a growth of 74% YoY). Loans: 20% YoY growth, 4.6% QoQ growth!
Analysis: With Earnings backing the stock (beat on all estimates), I expect the stock to continue the momentum as the strongest PSU bank. Keep a stop loss at 570 and go long for the longer term.
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