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As of March 25, 2025, the State Bank of India (SBI) is trading at ₹777.45, reflecting a slight decrease of 0.52% from the previous close of ₹781.40. The day's trading saw a high of ₹786.00 and a low of ₹775.50. Over the past month, SBI share price has appreciated by approximately 9.32%, indicating renewed investor confidence.
SBI's 52-week range spans from a low of ₹679.65 to a high of ₹912.10, showcasing its volatility and the dynamic nature of the banking sector. The stock's price-to-earnings (P/E) ratio stands at 8.79, with earnings per share (EPS) of ₹88.91. The price-to-book (P/B) ratio is 1.45, and the dividend yield is 1.75%.
In terms of profitability, SBI reported a net profit of ₹61,077 crore for FY24, a 22% increase from the previous year's ₹50,232 crore. This robust performance underscores the bank's resilience and effective management strategies.
Analyst recommendations reflect a favorable outlook, with a median price target of ₹915.00, representing a 17.1% increase from the current market price. The highest target is ₹1,050.00, while the lowest is ₹700.00, highlighting varying perspectives on the stock's potential.
SBI has demonstrated a commitment to enhancing shareholder value through consistent dividend payouts. In FY24, the bank declared a dividend of ₹13.7 per share, amounting to a 1,370% return on the face value of ₹1 per share. This substantial dividend underscores SBI's strong financial position and dedication to rewarding its shareholders.
SBI continues to innovate and expand its services. The bank plans to establish a dedicated unit focusing on artificial intelligence (AI) and fintech project financing, aiming to bolster its technological capabilities and support the burgeoning fintech sector. Additionally, SBI has introduced special fixed deposit schemes like 'Amrit Vrishti,' offering interest rates up to 7.75% for senior citizens, available until March 31, 2025.
However, in a strategic move influenced by elevated bond yields, SBI has deferred its plan to raise $1.7 billion through bond sales. This decision reflects the bank's prudent approach to capital management amid fluctuating market conditions.
SBI share price performance as of March 25, 2025, reflects a blend of strong financial results, strategic foresight, and responsiveness to market dynamics. The bank's robust profitability, substantial market share, and proactive initiatives position it favorably for sustained growth. While external factors such as bond yields and economic conditions present challenges, SBI's strategic decisions and financial resilience suggest a positive trajectory for its stock in the foreseeable future.
