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State Bank of India (SBI) shares surged 3.80% to reach an all-time high of ₹675 apiece, pushing market capitalisation beyond ₹6 lakh crore. For Q3FY24, the bank reported a drop in the net profit, affected by higher wage provisions and soft other income.
Yes Bank Q3 results 2024: Expectations are high for Yes Bank s Q3 results, with analysts projecting a significant increase in net profit and steady growth in core revenue-generating activities
Analysts have said that the bank can post good numbers as the bank’s asset quality is expected to remain stable due to the improvement seen in the recoveries in the past few quarters.
KR Choksey is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2150 in its research report dated January 24, 2024.