Published: 17th July 2025
By: Dheeraj Kumar
India’s biggest lender quietly climbs 1%—but behind that small move is a big story.
The qualified institutional placement (QIP) is priced just below market levels. Floor Price: ₹811.05 Stock Price: ₹839
That’s ₹45,000 crore of capital raising in FY26. Clear signs the bank is gearing up for growth, not just survival.
PSU bank reform buzz Strong balance sheet Reasonable valuation After months of sideways movement, momentum is building.
– Market Cap: ₹7.42 lakh crore – P/E: 9.6 | P/B: 1.6 – ROE: 18.7% | ROCE: 13.8% Dividend Yield: 1.9%
– Quality: 6 – Growth: 8 – Valuation: 7 – Momentum: 5 Overall: 4/5
Will this QIP be the spark for a rerating? SBI’s scale + capital + reform buzz = A PSU bank worth tracking.
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