SBI soars 2%: 3 key factors fuelling the bullish recommendations on the stock
SBI's share price rose by 2% due to a stable Q1 performance, with strong treasury gains, controlled expenses, and steady NII. Brokerages have reiterated a Buy call on the stock, citing factors such as no material stress expected in FY26, stable margins compared to peers, and steady loan growth momentum. The bank also expects a recovery in FY26, supported by liquidity and deposit cost moderation.