State Bank of India Share Price & Analysis
Fundamentals
Today's Price Action
State Bank of India trades flat at ₹1,111.4, with volume matching its 20-day average of 95.45 L, suggesting neutral participation. Absence of momentum indicates consolidation ahead of key macro triggers.
Valuation Snapshot
SBIN’s P/E of 12.3 trades below historical norms, though sector P/E is currently unreported. A healthy ROE of 17.2% affirms strong capital efficiency, typical of a dominant public sector lender.
Key Levels to Watch
The current price is ₹123.6 below the 52-week high of ₹1,235, with no 52-week low reported. SBIN remains range-bound, lacking breakout momentum near a psychological resistance zone.
Trader Takeaway
Monitor ₹1,235 breakout with volume above 1.2 Cr to confirm bullish momentum; until then, range-bound trade with a bias to sell on rallies near the 52-week high.