Shares of the public sector lender gained 188% in the last two years, surpassing the market value of blue chips such as HDFC, Bharti Airtel, Kotak Mahindra Bank, ITC, HCL Technologies, Maruti Suzuki, Bajaj Finance, and Asian Paints to become the seventh most-valued company in India.
FIIs and DIIs place big bets on State Bank of India — Analysts see about 20% rally ahead
Investors are showing renewed confidence in State Bank of India. Both foreign and domestic institutions are raising their stakes. SBI reported strong earnings momentum. Analysts