[SBIN] State Bank Of India Share Price Target 2022, 2023, 2024, 2025, And 2030

Are you thinking to know regards the share price target of the State Bank Of India for the upcoming years 2022 to 2030? so this post is packed full of predictions of this share, after doing a lot of research we have tried to include all the major aspects so that you could learn more additional aspects about it, please do not miss this post.

State Bank Of India Share Analysis

SBIN Is an Indian Multinational Company that deals in the sector of banking and financial services. . SBIN is headquartered in Maharashtra, India. SBIN provides a range of services through its network of branches in India and Overseas, including products aimed at NRIs. SBI has 16 regional hubs and 57 zonal offices that are located around important cities throughout India.

State Bank Of India Quarterly Report Analysis

As the data are concerned SBIN in the June Quarter of 2021, Company earned interest of Rs.65,564.43 Cr. in which they made a net profit of about Rs.6,504 Cr. In the September quarter of the financial year 2021, Company earned an interest of Rs.69,481.49 Cr. by which they made a profit of around Rs.7,626.57 Cr. after paying all the essential taxes as govt. norms.

In the December quarter of 2021, the company earned interest of Rs.69,678.12 Cr. by which they made a profit of about Rs.8,431.88 Cr. after paying all the taxes. In the March quarter of 2022, Company earned an interest of Rs.70,733.25 Cr. by which they made a profit of about Rs.9,113.53 Cr. after paying all the taxes. In the June quarter of the financial year 2022, Company earned an interest of Rs.72,676.37 Cr. by which they made a profit of about Rs.6,068.08 Cr. after paying all the taxes according to the government norms present for that sector.

State Bank Of India Annual Report Analysis

The company earned interest of Rs.1,75,518.24 Cr. in 2017 till the month of March by which the company make a profit of about Rs.10,484.10 Cr. In the following year which is 2018, till the month of march the company earned interest of Rs.2,20,499.32 Cr. by which the company make a loss of about Rs.6,547.45 Cr. after paying all the taxes according to govt. norms.

In the year 2019, till the Month of March Company earned an interest of Rs.2,42,868.65 Cr. by which the company made a profit of about Rs.862.23 Cr. In the following year, 2020 till the month of March Company earned interest of Rs.2,57,323.59 Cr. by which the company made a profit of about Rs.14,488.11 Cr. In the year 2021, till the month of March Company earned an interest of Rs.2,65,150.63 Cr. by which they make a profit of around Rs.20,410.47 Cr. in the next year 2022, It has earned Rs.2,75,457.29 Cr. and the total profit was Rs.31,675.98 Cr. after giving all the taxes.

State Bank Of India Balance Sheet Report Analysis

In the year 2017 Company invest around Rs.7,65,989.63 Cr. And Current Assets of SBIN are about Rs.1,54,007.72 Cr. And total assets of the company available at that time is around Rs.27,05,966.30 Cr. In the following year, 2018 Company invest around Rs.10,60,986.72 Cr. And Current Assets of SBIN are about Rs.2,26,994.20 Cr. And total assets of the company available at that time in 2018 is around Rs.34,54,752 Cr. In the year 2019 Company invest around Rs.9,67,021.95 Cr. and Current Assets of SBIN are about Rs.2,66,327.70 Cr. and total assets of the company available at that time is around Rs.36,80,914.25 Cr.

In 2020 Company invested around Rs.10,46,954.52 Cr. And Current Assets of SBIN in the year 2020 are about Rs.2,89,613.55 Cr. And total assets of the company available at that time in 2020 are around Rs.39,51,393.92 Cr. In the financial year, 2021 Company invested around Rs.13,51,705.21 Cr. and Current Assets of SBIN are about Rs.3,51,768.68 Cr. And total assets of the company available at that time is around Rs.45,34,429.63 Cr. in the future year 2022, it invested 14,81,445.47 Cr. whether the total assets were Rs.49,87,597.41 Cr.

State Bank Of India Share Price Target/Prediction/Forecast

Here we are trying to predict possible targets that the shares of the SBIN can cross in upcoming years to come. Our prediction is based upon different tools and terms which include Fibonacci Retracement, support, and resistance. Which are attached below.

YearTarget Of SBIN
2022(Target-1)Rs.628
(Target-2)Rs.756
2023(Target-1)Rs.897
(Target-2)Rs.993
2024(Target-1)Rs.1,124
(Target-2)Rs.1,265
2025(Target-1)Rs.1,366
(Target-2)Rs.1,493
2030(Target-1)Rs.3,633
(Target-2)Rs.4,197

State Bank Of India Share Price Target 2022

As the technical analysis chart predicts the shares of SBIN will go in a positive direction for upcoming years to come because of their strong financial condition, and banking services so we predict the first possible target which State Bank of India will cross in the year 2022 is Rs.628 and second possible target which the share of these company will find is around Rs.756.

State Bank Of India Share Price Target 2023

We can predict first share price target for the year 2023 is around Rs.897 then as every stock price after attaining its high will show some downtrend after they again show positive movement in the same year and go uptrend and we can predict the second possible target which they can beat is about Rs.993 and it will happen because of their increasing number of customers day by day.

State Bank Of India Share Price Target 2024

We can predict the first share price target for the year 2024 in which they surpass is about Rs.1,124 then as every stock price after passing their high they will show some downtrend move but they again show some positive movement in the same year and go uptrend and we can predict second possible target which they can find is around Rs.1,265.

State Bank Of India Share Price Target 2025

For the year 2025, we can predict two possible targets which the shares of SBIN will beat easily first is around Rs.1,366 and the second is about Rs.1,493 as I told earlier that State Bank of India share prices will always in a positive move in future and share prices of this company share are increasing day by day in upcoming years.

State Bank Of India Share Price Target 2030

Towards the end of this decade, SBIN surely will secure its first position in the Indian market and they also have the potential to become the largest bank in the world too which will also be reflected by the prediction target for the share of State Bank of India. We can predict the first possible target for the year 2030 which they can cross is around Rs.3,633 and the second possible target which they cross at the end of this decade is around Rs.4,197.

Conclusion 

In this post, we have analyzed the share price target of the State Bank of India in full detail, also we have included their technical analysis, quarterly reports, annual reports, and target share prices for future years.

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