The brokerage sees potential for a ‘significant’ re-rating of the stock as valuations are expected catch up with its peer group on strong growth in FY23. The valuation of the mid-sized IT company, owned by the RPG Group, at an estimated Price to Earnings (PE) ratio of 12 times is one of the lowest among the mid-cap stocks it tracks.
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
November 14, 2025