SBI Share Price

Nifty Share Price News Desk, 07 March 2026 Mumbai: State Bank of India (NSE: SBIN) is the largest public sector bank in the country, and its share prices have seen some fluctuations recently. As of Saturday, 7 March 2026 (based on the closing data of 6 March as the market was closed), SBI share price closed at ₹1,143.00 on NSE, down 2.27% from the previous closing price. The open price was ₹1,168.50, high ₹1,169.30, low ₹1,138.00, with a volume of 20,330,856 shares. On BSE, the price was ₹1,143.55. The 52-week high was ₹1,234.70 (24 February 2026) and the low ₹717.00 (5 March 2025).

Target and rating of brokerage firms

Top brokerage firms have given a positive outlook on SBI shares. The average target price is between 1,207.82 and 1,300 rupees, suggesting an upside potential of 5.95% to 14% from the current prices.

  1. Jefferies, Morgan Stanley, Bofa, Nomura, Motilal Oswal and other firms have given a ‘Buy’ or ‘Strong Buy’ rating.
  2. Nomura has set the target at 1,235 rupees.
  3. While Motilal Oswal has set it at 1,300 rupees.
  4. Out of a total of 39 analysts, 31 have recommended a ‘Buy’.

SBI Share Price - Nifty Share Price

SBI’s financial condition

As of 7 March 2026, SBI’s financial position is strong. In Q3 FY26 (October-December 2025), net profit reached ₹21,028 crore, up 24.49% year-on-year. Net interest income (NII) increased by 9% to ₹45,190 crore. Credit growth is strong at 15.14%, while NIM is 3.12%. ROE is 19.7% and ROA is 1.14%. The bank has projected credit growth of 13-15% for FY26. Market cap is ₹10,52,105.79 crore. P/E ratio stands at 12.71 and PB ratio at 1.91.

Latest news updates

  • India Ratings and CRISIL have given SBI’s credit rating a high rank of ‘AAA/Stable’ and ‘A1+’, reflecting the bank’s strong fundamentals and significance in the market.
  • SBI Cards has announced an interim dividend of 2.5 rupees per share for FY26, with the record date being 11 March.
  • SBI Life announced an interim dividend of ₹2.70 per share, with the record date being 6 March.
  • The share price fell by 2% due to the end of DMD Nitin Chugh’s tenure.
  • After Q3 FY26 results, the share rose 7.5% reaching a record high, thanks to profit beat and loan growth updates

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