SBI Stock Skyrockets to New High – Will the Rally Continue?
Stock Snapshot: New Highs and Solid Stats SBI’s stock has been on a tear in recent days. On October 20, it surged over 2%, briefly touching ₹913.65 – a new 52-week and all-time high moneycontrol.com – before settling just above ₹907 reuters.com. This extends a steady uptrend (the stock is up ~2.8% over the last four sessions alone) and puts SBI about 8-9% higher than its level a year ago etnownews.com. The rally helped SBI reclaim a market capitalization north of ₹8 trillion, firmly solidifying its status as India’s largest bank. As of Monday, SBI’s market value stood around ₹8.37