SBI surges to become seventh Indian listed company with Rs 8 lakh crore market capitalisation

Previously, Reliance Industries Ltd, Tata Consultancy Services Ltd, HDFC Bank, Bharti Airtel, Infosys, and ICICI Bank have all attained this milestone.

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

State-run lender State Bank of India has become the seventh Indian listed company to have surpassed Rs 8 lakh crore market capitalisation.

The shares of SBI hit a fresh record high of Rs 900.15 on BSE on June 3, rising as much as 8.3 percent in morning trade, its best day since September 2021. The share prices have soared over 40 percent so far this year.

The Rs 8 Trillion Club

Previously, Reliance Industries, Tata Consultancy Services, HDFC Bank, Bharti Airtel, Infosys, and ICICI Bank have all attained this milestone.

Exit Poll Cheer

Shares of SBI are rising along with other PSU stocks after exit polls on June 1 indicated a landslide victory for the BJP-led NDA. Most exit polls projected Prime Minister Modi’s government to secure over 350 Lok Sabha seats, surpassing many brokerage's bullish market scenarios. Stocks riding the wave of government's growth plans, like those in capital expenditure or public sector units, have surged over the past year and are expected to continue rising, according to market experts.

Track Moneycontol's election coverage right here.

Analysts at Nomura predict that sustained focus on capital expenditure and fiscal consolidation could lead domestic sectors - especially infrastructure and manufacturing - to outperform in the near future.

Track SBI FY24 earnings right here

"Healthy business growth despite size along with stable margins and asset quality likely to provide further potential for improved performance. We expect stable NIM at 3% and RoA/RoE of 1.1%/17% by FY26. We broadly maintain our growth estimate due to strong performances across segments", BoB Cap said in its latest note on State Bank of India.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.