Buy State Bank of India, price target Rs 350: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on State Bank of India with a target price of Rs 350.0 . The current price of State Bank of India is Rs 326.6 . Sagar Doshi recommended to keep a stoploss at Rs 312 .

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 291477.81 Crore).

State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 161640.23 Crore to Sales Value (66.55 % of Total Sales), Income From Investment which contributed Rs 74406.16 Crore to Sales Value (30.63 % of Total Sales) and Interest which contributed Rs 5643.19 Crore to Sales Value (2.32 % of Total Sales)for the year ending 31-Mar-2019.


The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs .00 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs .00 Crore (.00% of total assets).