SBI - Ruling The Roost; Motilal Oswal Reiterates Buy With A Revised Target Price Of Rs 1,015

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.State Bank of India remains well positioned to deliver sustainable growth with high profitability, led by healthy loan growth, controlled opex and provisions. The management has guided for broadly stable margins going forward as the bank has levers in place (credit deposit ratio, MCLR re-pricing) to mitigate the impact of the elevated cost of deposits. SBI is well positioned to sustain its growth trajectory, supported by a low CD ratio, strong underwriting and continued momentum in YONO. The asset quality performance remains strong with consistent improvements in headline asset quality ratios. SBI is one of our preferred ideas in the sector. We estimate a 15% compound annual growth rate in net profit over FY24-26E, with FY26E return on asset/return on equity of ~1.1%/18.5%. Reiterate Buy with a revised target price of Rs 1,015 (1.5 times FY26E adjusted book value plus Rs 235 from subs)..Click on the attachment to read the full report:.Ceat - Strengthening Position In Domestic Replacement; Expanding Into Export Markets: Motilal Oswal.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

SBI - Ruling The Roost; Motilal Oswal Reiterates Buy With A Revised Target Price Of Rs 1,015

Stands tall among the best-performing banks globally

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SBI - Ruling The Roost; Motilal Oswal Reiterates Buy With A Revised Target Price Of Rs 1,015

Stands tall among the best-performing banks globally

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