SBI share price may give up to 40% return in long term, says Motilal Oswal
Wed, Mar 22, 2023 12:28 PM

SBI share price may give up to 40% return in long term, says Motilal Oswal

A Flip by Shruti
Get it on Google Play
State Bank of India (SBI) share price has been in base-building mode after climbing to its lifetime high of ₹629.55 apiece in December 2022. Today's share price is around ₹525 apiece, which is around 17% lower than its record high, and Motilal Oswal believes that the fundamentals of the largest Indian commercial bank are strong enough.

More great flips

Watch out for these Penny Stocks locked in the upper circuit on April 25

Watch out for these Penny Stocks locked in the upper circuit on April 25

Following is the list of Penny Stock that got locked in the upper circuit on April 10, 2024: ✅Stocks | Circuit Limit (%) 📌Mid India Industries Ltd | 9.94%📌Ishaan Infrastructures And shelters Ltd | 5%📌Premier Ltd | 4.99% 📌Explicit Finance Ltd | 4.99% 📌Jd Orgochem Ltd | 4.98% 📌Tarai Foods Ltd | 4.98% 📌Rama Petrochemicals Ltd | 4.97% 📌Chambal Breweries and Distilleries Ltd | 4.96%

Open Flip
Uday Kotak loses Rs 123,05,53,25,680 in this private banking stock

Uday Kotak loses Rs 123,05,53,25,680 in this private banking stock

The company has a market cap of over Rs 3 lakh crore with a PE of 18.9x and an ROE of 14.3 per cent. The Indian stock market commenced trading on a downbeat note today as both key indices, the BSE Sensex and NSE Nifty-50, witnessed a decline of around 0.3 per cent. Notably, Kotak Mahindra Bank emerged as a major loser, featuring among the top decliners on both the Sensex and Nifty-50 indices.

Open Flip
Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB

Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB

📌Axis Bank: On Wednesday, April 24, Axis Bank reported a net profit of ₹7,130 cr. 📌Macrotech Developers: The company, operating under the 'Lodha' brand, has increased its pre-sales forecast for 2024-25 by 20% to ₹17,500 cr. 📌LTIMindtree: LTIM revenue for the March quarter decreased by 1.3% sequentially to $1.07 billion in Q4FY24. 📌Nestle India:To see an eight percent rise in revenues increase.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon