Business / SBI's stock made investors rich, gave 5 times more return than FD in one year

SBI Share Update: The shares of the country's largest public sector bank State Bank of India (SBI) have been rising in the last few days. This banking stock has jumped more than 16 percent in 1 month. Not only this, its stock is still trading close to its 52-week high. Today SBI shares closed at 542.10 with a gain of 8.35 ie 1.56 percent. Experts say that SBI's market share in loans is increasing and the operating performance of the bank is improving. Its effect will definitely be seen on the stock of SBI in the coming days and this stock can give good returns to the investors.

SBI showers money

In the last one week's trading sessions, this stock has seen a rise of 5.43 percent, while in the last 1 month this stock has increased by about 16 percent. At the same time, its Sahara has increased by 10.41 percent in 3 months, while this stock has given a good return of 24.65 percent in 1 year. Not only this, it has given a strong return of 75.75 percent to its investors during 3 years.

15 times more returns than FDs!

Accordingly, if an investor takes an FD of SBI, he will get 5.30% return in a year, whereas if he buys shares, he will get 24.65 percent return. At the same time, if an investor takes an FD of 3 in it, then he will get interest at the rate of 5.45 percent, while if he invests in the stock, he will get a great return of 75.75 percent. That is, amidst the risk in the stock market, SBI has given good returns to its investors.

Brokerage house is also bullish

Let us tell you that brokerage houses are also bullish about SBI. Brokerage firm Motilal Oswal has given buy advice to the shares of SBI. The brokeragehouse has given a target price of more than Rs 600 for this stock. Motilal Oswal says that SBI is continuously improving the loan book and there has been an improvement in the operating performance of the bank. There is a meeting of RBI from August 5, in which big announcements are being made regarding the repo rate. In such a situation, after this meeting, the eyes of the investors will be on the stock of SBI.

Increasing loan share in the bank

Significantly, SBI is the largest public sector bank in the country, which has a strong hold in the market. SBI's market can be gauged from the fact that in the last four years, while the share of public sector banks in the loan market has decreased by 11.30 percent, the share of SBI has increased by 0.90 percent in this period. While it has a 23 per cent share in the total loan market, the bank's market share in deposits has grown by 1.7 per cent in the last four years.