The shares were bought via its investment arm BNP Paribas Financial Markets at a price of Rs 1,204 apiece versus the Thursday closing price of Rs 1,209.50. Today, the SBI shares ended at Rs 1,201.80, down 0.64% from the previous closing price.
SBI shares have rewarded investors with returns of nearly 70% in the last 12 months, significantly outperforming 12% returns by Nifty and 9% by the BSE Sensex. Its shares are currently trading above their 50-day and 200-day simple moving averages (SMAs) of Rs 1,073 and Rs 911, respectively according to Trendlyne.
SBI recently overtook IT bellwether Tata Consultancy Services (TCS) to become India’s fourth-largest company by market capitalisation, with its valuation crossing Rs 11 lakh crore. The only companies ahead of SBI are Reliance Industries, HDFC Bank and Bharti Airtel.
SBI reported a 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in the third quarter while its net interest income (NII) increased 9% YoY to Rs 45,190 crore in the quarter under review.
The profit reported during the quarter was highest-ever for the bank, which came on the back of healthy loan growth.The lender’s net interest margin stood at 2.99% in Q3FY26, while domestic NIM came in at 3.12%. For the nine months ended December 2025, domestic NIM was 3.08%.
Asset quality continued to improve, with the gross NPA ratio declining to 1.57%, down 50 basis points YoY. Net NPA ratio improved to 0.39%, lower by 14 basis points.
Provision coverage ratio, including AUCA, stood at 92.37%, while PCR excluding AUCA was 75.54%. Slippage ratio for the quarter remained contained at 0.40%, and credit cost stood at 0.29%.
Also read: SBI’s 70% rally narrows valuation gap with HDFC Bank, ICICI — buy, hold or book profits?
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