While some analysts cut their earnings expectations from SBI for FY23 following the disappointing quarter, others retained their bullish ratings citing cheaper valuations. Morgan Stanley said SBI’s valuations at one time FY24 book are attractive. CLSA increased its price target on the stock to factor in the higher price targets of its subsidiaries.
5 stocks where the President reduced holdings in March. Do you own any?
The President of India publicly holds 78 stocks with a net worth of over Rs. 4,400,890.5 crore.