We Are Focused On Earnings Growth, With Bias Towards Small Caps
\n\nBetting On Large Private Banks, Selective On Mid-sized Pvt Banks
\n\nOutperform, Target Price Rs 1,325 US Roadshow Takeaways: Management Positive On Banking Sector & SBI’s Prospects Corporate Capex Emerging In Thermal & Renewable Power, And Roads, Mid-Corporate Capex Remains Modest Loan Growth Guidance Retained At 14-15%, RAM Share At 65% Of Domestic Loans Targets 1% Core RoA Over The Cycle, With Fee Income & Liability Management As Key Levers Weak Current Account Deposit Growth Attributed To Government Deposit Run-Off
\n\nOMC Stocks Rally In November On Lower Crude, But Remain Down For The Year Further Crude Correction Could Drive More Upside Spot Petrol/Diesel Margins Recover But Remain Below Pre-Iran Conflict Levels FY27 Consensus Estimates Have Seen Material Cuts, While FY28 Estimates Remain Stable FY28 Earnings Upgrade Cycle Yet To Begin, Sustained Lower Crude Could Trigger Upgrades Stock Gains Likely To Be Gradual Amid Crude Price Uncertainty & Government Tax Concerns Strait Of Hormuz Reopening Could Push Oil Prices Structurally Lower
\n\nThe stock rose up to 6%. The stock is now up 4.2%.
\n\nThe company reported strong earnings in the second quarter with earnings exceeding expectations significantly.
\n\nPrice Hikes Will Continue…
Original source: https://www.cnbctv18.com/technology/
