SBI Share Price Gains 1.11% to Rs. 1,196, Beats TCS to Become India’s Fourth-Largest Listed Firm

Overview

• SBI share price rose 1.11% to Rs. 1,196 after touching a fresh 52-week high of Rs. 1,203.70, supported by strong buying interest.

• The bank reported a record Q3 net profit of Rs. 21,028 crore, up 24.49% year-on-year, with improving asset quality and lower bad loans.

• SBI’s market capitalisation reached Rs. 10.9 lakh crore, helping it overtake TCS and become India’s fourth-largest listed company.

State Bank of India (SBI) share price was up 1.11% at Rs. 1,196 at press time. The stock opened at Rs. 1,183 and touching a fresh 52-week high of Rs. 1,203.70 before cooling slightly. The day’s low stood at Rs. 1,174.80, showing steady buying interest on dips. The surge comes amid strong Q3 results and the bank becoming the fourth largest Indian firm by market cap.

SBI’s total market capitalisation is now around Rs. 10.9 lakh crore. With this, the bank has overtaken Tata Consultancy Services’ (TCS) fourth spot among the largest listed indian companies by market value. Earlier, SBI shares had closed at Rs. 1,181.10 in the previous session before climbing to the current level of Rs. 1,196.

Here’s a deeper look at the SBI share price momentum based on Moneycontrol data. 

SBI Q3 Results Boost Sentiment

The recent rally in SBI share price follows strong Q3 FY26 earnings. The bank reported a record quarterly net profit of Rs. 21,028 crore. This is a 24.49% rise compared to Rs. 16,891 crore in the same quarter last year. It is also the highest quarterly profit in the bank’s history. Its net interest income (NII) rose 9% year-on-year to Rs. 45,190 crore. This steady growth in lending income supported overall performance.

SBI’s Asset quality also improved. Gross NPA ratio declined to 1.57% from 1.73% in the previous quarter. Net NPA ratio improved to 0.39% from 0.42%. Lower bad loans helped reduce pressure on the balance sheet. Provisions for the quarter stood at Rs. 4,506 crore, lower than the previous quarter’s Rs. 5,400 crore. The management has also raised its loan growth guidance for FY26 to 13–15%, up from 12–14% earlier. This signals confidence in future growth.

SBI’s Current Market Position in India 

SBI now ranks behind Reliance Industries, HDFC Bank, and Bharti Airtel, with a market cap of Rs. 10.9 lakh crore. TCS has moved to the fifth spot with a market cap of Rs. 10.53 lakh crore.

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Trading Data and Valuation

SBI share price has seen strong volumes, with over 2.26 crore shares traded on NSE in the latest session. The 20-day average volume stands at around 1.34 crore shares, which shows higher-than-average activity.

The 52-week low stood at Rs. 680 while the 52-week high was of Rs. 1,203.70, which was touched in today’s trading. Its price-to-earnings (PE) ratio stands at 13.26, slightly above the sector PE of 11.73. The price-to-book (P/B) ratio is 2.41. The bank offers a dividend yield of 1.33%.

SBI’s beta of 0.96 suggests that the stock moves almost in line with the broader market. The book value per share is Rs. 498.03, while trailing twelve-month (TTM) EPS stands at Rs. 90.20.

Out of 38 analysts tracking the stock on Moneycontrol, 66% gave it a ‘Buy’’ rating and 16% suggested ‘Outperform’. The remaining 18% recommended ‘Hold’. There are no ‘Underperform’ or ‘Sell’ ratings at present.

Investor Outlook

SBI’s strong Q3 results have boosted investor confidence, supported by record profit, steady net interest income growth, and improving asset quality. Overtaking TCS in market capitalisation highlights the bank’s strong market position. If earnings momentum remain stable, SBI share price may continue to trade near current levels. Investors should keep an eye on broader Indian share market conditions to see if the stock can survive above the Rs. 1,200 level in the coming days.

Also Read: YES Bank Share Price at Rs. 21.32, Down 0.37% Despite 55% Q3 Profit Jump: Buy or Sell?

FAQs

1. How are SBI shares performing today?

In today’s trade, SBI shares gained after strong Q3 results. The stock opened at Rs. 1,183 and moved higher to touch Rs. 1,203.70 before settling at Rs. 1,196. Investors reacted positively to record profit numbers and improved asset quality. The banking sector saw buying interest, especially in large public sector banks like SBI.

2. Why is SBI share price going up?

SBI share price is rising due to strong quarterly results. The bank posted a record net profit of Rs. 21,028 crore in Q3 FY26. This is a 24.49% rise from Rs. 16,891 crore last year. Net interest income also grew 9% to Rs. 45,190 crore. Better asset quality and lower bad loans have improved investor confidence.

3. What is the latest SBI news?

The latest update is that SBI has delivered its highest-ever quarterly profit and raised its loan growth guidance to 13–15% for FY26. Asset quality has improved, with gross NPA falling to 1.57%. The stock is trading near its 52-week high of Rs. 1,203.70. Investors are watching if it can hold above Rs. 1,200 in the coming sessions.

4. Why are SBI shares in focus in Indian share market today?

SBI is one of the main stocks in focus today. The share price is trading at Rs. 1,196, up 1.11% in the latest session. The stock touched a 52-week high of Rs. 1,203.70 during the day. TCS is also in focus because SBI has moved ahead of it in market capitalisation rankings. Banking stocks are seeing strong interest after solid earnings.

5. What is SBI’s ranking among the largest-listed Indian companies by market cap?

SBI has now become the fourth-largest listed company in India by market value. Its market capitalisation stands at Rs. 10.9 lakh crore. Earlier, TCS had a market cap of Rs. 10.53 lakh crore and held the fourth position. SBI is now behind Reliance Industries, HDFC Bank, and Bharti Airtel in overall ranking.