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SBI Stock Hits New Peaks, Poised for Best Month in Two Years
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SBI Stock Soars: India's Largest Lender Hits New Peaks, Best Month in Two Years
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CNBC TV18
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23-02-2026, 10:34
SBI Stock Soars: India's Largest Lender Hits New Peaks, Best Month in Two Years
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State Bank of India (SBI) shares are experiencing their best month in two years, hitting new record highs.
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The stock has gained in nine out of the last 11 trading sessions, with a 14% increase in February.
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SBI's market capitalization has surpassed ₹11.3 lakh crore, making it India's fourth-largest company.
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Management raised credit growth guidance to 13-15%, and multiple brokerages increased price targets.
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42 out of 49 analysts recommend a 'buy' rating for SBI, with no 'sell' recommendations.
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