Largest Bank in India with over 200 years of history on breakout

4 days ago

Hello Everyone i hope you all will be doing good in your life and your trading as well. Today i have brought a stock which has given a breakout of symmetrical triangle pattern on daily timeframe. Stock name is State Bank of India and it is is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history.

Stock is really good to do SIP for long term, it is paying good dividend also every year. Stock is good for short term to long term investing. I have marked all the levels on chart please follow strictly.

Fundamental Ratios

Market Cap
₹ 7,70,775 Cr.
Current Price
₹ 864
High / Low
₹ 912 / 601
Stock P/E
10.1
Book Value
₹ 465
Dividend Yield
1.59 %
ROCE
6.16 %
ROE
17.3 %
Face Value
₹ 1.00
Industry PE
9.28
Debt
₹ 56,06,147 Cr.
EPS
₹ 80.2
Promoter holding
57.5 %
Intrinsic Value
₹ 604
Pledged percentage
0.00 %
EVEBITDA
15.6
Change in Prom Hold
-0.03 %
Profit Var 5Yrs
98.7 %
Sales growth 5Years
11.6 %
Return over 5years
22.2 %
Debt to equity
13.5
Net profit
₹ 74,461 Cr.
ROE 5Yr
13.0 %
Profit growth
12.3 %
Earnings yield
6.43 %
PEG Ratio
0.10


Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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