State Bank of India downgraded to hold by MarketsMOJO
pre-market1 source ↓written by the desknot a recommendation
State Bank of India has been downgraded to hold by MarketsMOJO due to valuation concerns. The bank reported a Gross NPA ratio of 1.57% in Q3 FY25-26, its lowest in recent quarters, showcasing effective risk management. Additionally, net profit reached ₹21,028.15 cr, reflecting a CAGR of 39.26% and strong operational performance despite market challenges.
Not investment advice. For informational purposes only.