Why is the sbin share price rising today?

The stock is gaining on a strong set of SBI Q3 results that delivered record profit and improving asset quality. Fresh Buy calls have followed, including a Motilal Oswal target of INR 1,300. Sector rotation into PSU banks has also driven flows. On the tape, volume is over 3x daily average, confirming interest. A breakout to a new 52-week high around INR 1,203.70 keeps momentum positive for now.

Is SBI overvalued after the recent rally?

SBI trades at 12.98x TTM EPS and 2.11x PB with ROE near 16.79% and a 1.33% dividend yield. These metrics are not stretched relative to large-bank peers, given earnings momentum and improving credit cost. The Graham number of INR 1,060.98 suggests the stock is modestly above one heuristic fair value. Sustained loan growth, stable margins, and low slippages would justify current levels. Weak delivery could compress the multiple.

What key levels should traders watch on SBI today?

Near term, watch INR 1,175 as intraday support and INR 1,200 to 1,205 as resistance around the new 52-week high. A firm close above that zone can extend the breakout. Rising 50-DMA at INR 1,016.52 and 200-DMA at INR 891.65 are medium-term supports. With ATR at 13.84, expect wider swings. Track volume for conviction, and respect stops if price falls below the breakout base.

What catalysts could drive the next leg in SBI?

Key drivers include sustained system credit growth, stable deposit costs, steady net interest margins, and benign slippages. Any improvement in fee income or treasury gains would add support. Broker actions, such as target revisions, can influence sentiment. The next earnings update around April 30, 2026 is a major event. Delivery on growth, asset quality, and capital ratios would help the sbin share price hold leadership among PSU banks.

Global Market Insights

SBIN.NS Stock Today, February 13: Q3 beat and INR 1,300 TP lift shares

ByHuzaifa Zahoor February 13, 2026February 13, 2026

The sbin share price stayed firm on February 13 as State Bank of India (SBIN.NS) extended its post-results rally. A record Q3 print and fresh Buy calls lifted sentiment, with the Motilal Oswal target set at INR 1,300. Momentum in PSU banks, stronger credit growth, and better asset quality supported bids. With SBI market cap now ranked fourth in India, investors are tracking upside to return on equity and valuations. We break down live levels, key drivers, and risks to watch today.