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SBI Shares Surge 49% in 6 Months: CLSA's Expert View on This PSU Bank Stock
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SBI Shares Soar 49% in 6 Months: Is it Time to Buy India's Largest Bank?
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News18
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27-02-2026, 05:16
SBI Shares Soar 49% in 6 Months: Is it Time to Buy India's Largest Bank?
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State Bank of India (SBI) shares have surged over 49% in the last six months, outperforming key market indices.
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The stock recorded a nearly 71% rally in the last 12 months, a significant achievement for a large-cap stock.
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Global brokerage CLSA identifies SBI as a strong long-term investment, citing its industry-leading growth and strategic retail lending expansion.
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SBI reported its highest-ever quarterly standalone net profit of Rs 21,028 crore in the December quarter of FY26.
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Despite a recent rally, analysts suggest the stock might remain range-bound in the short term.
Read Full Article on News18 in Telugu
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