SBI shares rise 2% on better-than-expected Q4 earnings. Should you buy, sell or hold?
State Bank of India’s (SBI) stock gained nearly 2% in the early trade on Friday after the state-lender reported a better than estimated Q4FY23 earnings on Thursday. SBI reported an 83% growth in standalone net profit at Rs 16,695 crore for the quarter ended March 31, 2023. It was Rs 9,113 crore in the same quarter last year. Net interest income for the fourth quarter rose 29% to Rs 40,393 crore, compared with
