Pending — not yet graded
CLSA maintains an 'outperform' rating on SBI, raising its target price to ₹1,325 from ₹1,275. The lender delivered a strong quarter with domestic net interest margin (NIM) expanding and net interest income (NII) beating estimates. Asset quality improved, leading to a 2-6% increase in FY27-29 profit after tax (PAT) estimates due to higher NII and lower provisions.
SBIBullishCalled 10 Aug 2026
Verdict:PENDING

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