Contents
Introduction
State Bank of India (SBI) is India’s largest banking and financial services company. Established in 1806, SBI is one of the oldest public sector banks in India. It offers a wide range of banking services, including retail, corporate, investment banking, and treasury services. SBI’s share price has been volatile over the years, but has shown an upward trend since 2016. Overall, SBI’s share price has seen an upward trend in recent years and is expected to continue to grow in the coming years.so investors are advices to invest in SBI share prices
The SBI share price target for 2023 suggest that the prices exhibited an overall upward trend characterized by fluctuations and occasional spikes. The maximum price experienced a notable increase from ₹576.35 in June to ₹778.26 in December, while the minimum price rose from ₹490.98 to ₹598.66 during the same timeframe. These observations suggest a significant overall price escalation, which could be attributed to various factors such as market dynamics, supply and demand influences, or other external variables. Investors are advised to invest in SBI as prices are continuously spiking.
| When | Maximum Price | Minimum Price |
| June 2023 | ₹576.35 | ₹490.98 |
| July 2023 | ₹594.076 | ₹520.85.59 |
| August 2023 | ₹631.70 | ₹540.92 |
| September 2023 | ₹663.29 | ₹530.22 |
| October 2023 | ₹688.70 | ₹529.92 |
| November 2023 | ₹694.87 | ₹534.52 |
| December 2023 | ₹778.26 | ₹598.66 |
The SBI share price target for 2024 suggest that the stock of the company is expected to reach a maximum price of 1089,59 INR the end of December 2024.This forecast is based on the average price of the company’s shares in the previous years and thees in 2024 as the share price is expected to be higher than the current market price.
The company’s performance in the upcoming year is expected to be strong and it is expected to remain profitable. The company’s growth prospects are also likely to be high due to the increasing number of its customers. Investors are advised to carefully analyze the company’s performance in the upcoming year before investing in SBI shares.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹819.22 | ₹630.17 |
| February 2024 | ₹920.47 | ₹767.06 |
| March 2024 | ₹968.91 | ₹787.73 |
| April 2024 | ₹880.83 | ₹677.56 |
| May 2024 | ₹734.02 | ₹564.63 |
| June 2024 | ₹880.83 | ₹677.56 |
| July 2024 | ₹748.71 | ₹580.39 |
| August 2024 | ₹823.58 | ₹653.63 |
| September 2024 | ₹864.75 | ₹665.20 |
| October 2024 | ₹1,017.36 | ₹782.58 |
| November 2024 | ₹1,068.23 | ₹821.71 |
| December 2024 | ₹1,089.59 | ₹838.15 |
The SBI share price predictions for 2025 indicate that the maximum price could reach up to 813.1100912 INR, while the minimum price could be as low as 635.5660866 INR. This is a significant increase from the previous year, where the maximum price was 784.9798683 INR and the minimum price was 713.6180621 INR.
The increase in the share price is likely due to the increasing demand for SBI products, services, and investments among Indian investors. Additionally, SBI has been expanding its business operations to other countries and this could be a factor in the share price increase.
Moreover, SBI has been investing heavily in digital technologies to improve customer experience and increase efficiency, which could also contribute to a higher share price. Overall, SBI has been steadily increasing its share price in the past few years and the predictions for 2025 suggest that it could continue this trend.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,111.38 | ₹854.91 |
| February 2025 | ₹1,169.88 | ₹899.91 |
| March 2025 | ₹1,228.37 | ₹944.90 |
| April 2025 | ₹1,096.76 | ₹843.66 |
| May 2025 | ₹997.05 | ₹766.96 |
| June 2025 | ₹1,096.76 | ₹843.66 |
| July 2025 | ₹1,044.53 | ₹803.49 |
| August 2025 | ₹1,088.06 | ₹836.97 |
| September 2025 | ₹1,142.46 | ₹878.81 |
| October 2025 | ₹1,211.01 | ₹931.54 |
| November 2025 | ₹1,295.78 | ₹996.75 |
| December 2025 | ₹1,321.69 | ₹1,016.69 |
The share price target for the years 2026 to 2030 is expected to rise significantly. The share prices are expected to increase steadily in the coming years and reach a peak in the year 2030. According to the data provided, the maximum share price in 2026 is expected to be around INR 959.4699076, while the minimum share price is expected to be around INR 863.5229168.
Year after year, the maximum and minimum share prices are expected to increase, reaching its peak at INR 1775.43075 and INR 1597.887675 respectively in the year 2030. This increase in the share prices is expected to be because of the increasing demand for the company’s products and services and the increasing confidence of investors in the company’s vision and prospects.
Furthermore, the company is also taking steps to expand its operations and increase its market share, which will help in increasing the share prices. Therefore, it is expected that the share prices will rise steadily in the coming years and reach its peak in the year 2030.
| 2026 | ₹925.18 | ₹647.63 |
| 2027 | ₹786.41 | ₹550.48 |
| 2028 | ₹1,415.53 | ₹990.87 |
| 2029 | ₹2,907.72 | ₹2,035.40 |
| 2030 | ₹3,238.14 | ₹2,266.70 |
FAQ’S
Can SBI reach 1000?
There is a possibility that it could reach the 1000 mark, as its performance has been strong and it has shown a lot of potential in the past. It would have to maintain its performance and keep expanding its business in order to reach the 1000 mark.
The current share price of SBI (State Bank of India) is around Rs.576.35 as of june 2023. The share price has seen a dramatic increase since the start of the year.
The SBI share price is likely to rise in the upcoming years, as it is a leading public sector banking and financial services company in India.
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Federal Bank Share Price Target 2023 to 2030
Conclusion
SBI, one of India’s largest and most trusted banking institutions, has successfully established itself as a reliable and reputable bank over the years. With a robust presence in the Indian market and a substantial customer base, SBI offers a comprehensive range of banking and financial services to cater to diverse customer needs. These services include credit cards, personal loans, home loans, auto loans, and more. SBI has also prioritized technological advancements, providing customers with convenient solutions such as mobile banking and internet banking. As a result, SBI has earned a strong reputation and is highly recommended by its satisfied customer base as one of India’s most dependable banks.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.