Invest In SBI FD or Buy SBI Shares to Get Good Returns
State Bank of India (SBI) has released its financial results in the past. This time SBI has released very impressive financial results.
The net profit of the bank has increased by 74 percent. At the same time, net interest income has also increased by 12.83 percent to Rs 35,183 crore.
The impressive financial result of SBI has also affected its share rate today. SBI shares today closed at Rs 614.15, up nearly Rs 20.
Know How Much SBI Stock Has Given Returns in 1 Year
It is not that SBI stock is considered good only after releasing the financial results. This stock has always been the choice of experts.
If seen, SBI’s stock has given a return of about 15.78 per cent in the last 1 year (between November 21 and November 22).
At the same time, experts believe that this stock can give even better returns in future. In such a situation, if someone has it, then he can definitely think once whether he would like to get FD in SBI for that money or would like to buy SBI shares.
Let us know how much the experts are expecting in SBI in 1 year. But before that know what has been the rate of this share in one year.
Know the 1 Year High and Low Level of SBI Stock
SBI’s stock has made its lowest level of Rs 425.00 in the last one year. Whereas SBI has made its highest level of Rs 622.70.
Know How Much Profit SBI Stock Can Make
After the release of good financial results of SBI, many brokerages have increased its target price. Morgan Stanley has raised the target price on SBI to Rs 715 from Rs 675 while maintaining an overweight call.
Whereas Naumura has increased the target on SBI to Rs 690. Invetech has also raised the target price on SBI. Its target price is said to be Rs 680. Apart from this, GS has raised the target price on SBI stock to Rs 770 from Rs 728.
Know SBI’s FD Interest Rate
The highest interest rate in SBI has still not reached 8 per cent. That is, if FD is made for 1 year, then even 8% money will not increase.
Disclaimer: No investment advice is being given here. The opinion of brokerage companies is being informed. Please consult your financial advisor before investing.
