Investors are buzzing with excitement over State Bank of India (SBI), India’s largest public sector bank. Both foreign and Indian big investors are increasing their stakes, showing they believe SBI is on a winning streak! In the latest quarter ending September, SBI’s standalone net profit jumped by 10% year-on-year to a whopping Rs 20,159 crore. This is the first time in five quarters the bank crossed the Rs 20,000 crore mark since March 2024, when it made Rs 20,698 crore. Investor confidence is shining bright. Foreign institutional investors (FIIs) boosted their holdings to 9.57%, up from 9.33%. Meanwhile, domestic institutional investors (DIIs) pumped up their stake from 25.69% to 27.65%. Interestingly, SBI’s promoter holding slightly dropped from 57.42% to 55.50%, meaning big institutions are grabbing more shares. ICICI Securities, a top brokerage, remains super bullish about SBI. They’ve kept their “Buy” rating and fixed a target price of Rs 1,150 per share, offering about 20% profit potential from current levels. They value SBI’s core banking business at around 1.5 times its book value for fiscal 2027. At the ICICI Securities India Conference 2025, SBI’s management promised disciplined and steady growth. They highlighted improvements in net interest margin (NIM), which is the bank’s profit from lending, and strong 25% year-on-year growth in core fee income for the second quarter of fiscal 2026. All this means SBI’s profits are growing nicely. Experts also noted SBI’s loans, NIM, fees, and asset quality beat its rivals during the quarter. While some risks remain in loans, SBI’s careful credit management and efficiency continue to fuel positive feelings. On the stock market front, SBI’s share price currently trades around Rs 958, very close to its 52-week high of Rs 971.40. The bank’s market value stands at about Rs 8.86 lakh crore, showing it’s a heavyweight in Indian finance. The stock trades at a price-to-earnings (P/E) ratio of 10.9, meaning investors pay Rs 10.9 for every rupee of earnings. Its price-to-book (P/B) ratio is 1.69, typical for a large, trusted bank. Technically speaking, SBI’s Relative Strength Index (RSI) hit 71.6, indicating the stock could be a bit overbought and might see a short pause or slight dip soon. But the big picture is bright! The stock is trading above all key moving averages, from short-term 5-day to long-term 200-day averages. This strong technical setup shows powerful bullish momentum and steady buying from investors. So, if you are watching the stock market, SBI is definitely one hot pick with its strong earnings, rising investor faith, and share price near peak levels. The banking giant seems ready to keep rolling on its growth journey!