 "SBI")
Shares of State Bank of India (SBI) hit a new high of Rs 528.25, up 1 per cent on the BSE in Wednesday’s intra-day trade ahead of its July-September quarter (Q2FY22) results later in the day.
The stock surpassed its previous high of Rs 526.70 touched on October 27, 2021. It was trading higher for the fourth straight day, gaining 5 per cent during the same period. In past one month, SBI has outperformed the market by surging 17 per cent, as compared to 2.5 per cent rise in the S&P BSE Sensex.
SBI appears well-positioned to report
The stock surpassed its previous high of Rs 526.70 touched on October 27, 2021. It was trading higher for the fourth straight day, gaining 5 per cent during the same period. In past one month, SBI has outperformed the market by surging 17 per cent, as compared to 2.5 per cent rise in the S&P BSE Sensex.
SBI appears well-positioned to report
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