Archive · 6 Nov 2025
SBI Joins $100 Billion Market Cap Club After Record High on Strong Q2 Results
India's largest bank, SBI, just reached a big financial milestone!
Its stock price went up so much that the total value of all its shares is now worth over $100 billion, making it one of the biggest companies in India.
This happened because the bank shared its good news about how much money it made in the last three months, and it did even better than expected.
The bank also made money by selling some of its shares in another bank called Yes Bank.
Even though some of its profits went down a little, the bank's loans are growing, and fewer people are having trouble paying them back.
Because of this good performance, stock market experts have given SBI's stock higher price goals for the future, and many people are still choosing to buy its shares.
SBI's share price reached a new all-time high of ₹971.15 on Thursday, November 6, 2025, marking its entry into the $100 billion market capitalization club.
SBI reported a 10% year-on-year increase in net profit for Q2 FY26, reaching ₹20,159.67 crore, partly boosted by a significant gain from divesting its Yes Bank stake.
Despite a 6.8% year-on-year fall in pre-provision operating profit, SBI's asset quality improved, with gross and net NPA ratios declining sequentially.
Analysts from Emkay Global, Axis Securities, and Motilal Oswal have raised their target prices for SBI shares, citing strong Q2 performance and positive future outlook.
SBI's total business crossed the ₹100 lakh crore mark, with deposits exceeding ₹55.9 lakh crore and advances at ₹44.2 lakh crore.
- Who
- State Bank of India (SBI)
- What
- SBI's share price hit a record high, pushing its market capitalization over $100 billion, following strong Q2 FY26 earnings.
- When
- Thursday, November 6, 2025 (implied by context of Q2 results)
- Where
- India
- Why
- Strong Q2 FY26 results, which exceeded analysts' estimates, and positive analyst outlooks led to increased investor confidence and share price appreciation.
Analyst Target Prices
Reported Financials and Performance
Future Price Expectations
Analyst Target Prices
Multiple analysts from Emkay Global, Axis Securities, and Motilal Oswal have raised their target prices for SBI shares (ranging from ₹1,075 to ₹1,135) based on strong Q2 earnings and positive future outlook.
Reported Financials and Performance
SBI shares reached a new all-time high of ₹971.15, crossing the $100 billion market cap milestone, and were trading at ₹961.15, indicating immediate positive market reception.
Profitability and Growth Drivers
Analyst Target Prices
Analysts highlight SBI's strong Q2 performance, including earnings beats, robust growth guidance, and expectations of healthy RoA (~1.0%-1.1%) and RoE (~14%-16%) for FY26-FY28.
Reported Financials and Performance
SBI reported a 10% YoY rise in net profit to ₹20,159.67 crore, boosted by an exceptional gain from a stake sale. However, pre-provision operating profit fell 6.8% YoY, and net interest income grew 3.28%.
- Company
- State Bank of India (SBI)
- Market Capitalisation
- Over $100 billion (₹8.96 lakh crore)
- Record High Share Price
- ₹971.15
- Date
- Thursday, November 6, 2025 (implied)
- Q2 FY26 Net Profit
- ₹20,159.67 crore (10% YoY increase)
- Q2 FY26 Net Interest Income (NII)
- ₹42,985 crore (3.28% YoY increase)
- Q2 FY26 Pre-Provision Operating Profit (PPOP)
- ₹27,310.92 crore (6.8% YoY decrease)
- Gross NPA Ratio
- 1.73%
- Net NPA Ratio
- 0.42%
- Total Business
- Crossed ₹100 lakh crore
Sources
Q2 Results 05th Nov Live: Britannia, Aurobindo Pharma, Blue Star, BEML, INOX, Sun Pharma, Honeywell Automation, Tube Investments, Astral, Grasim Ind, Ramco Cements Company to announce Q2 results, SBI,
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