State Bank of India downgraded to hold amid valuation concerns
after close1 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, indicating effective risk management. Additionally, net profit reached ₹21,028.15 cr, showcasing strong operational performance despite market challenges.
Not investment advice. For informational purposes only.