SBI soars on ₹45,000 crore fundraise, Analyst sees ₹1,000 target
SBI shares hit a 2025 high after announcing a ₹45,000 crore fundraise via QIP and bonds. Analyst Pradeep Carpenter projects a ₹950-1,000 target in 12 months, citing a breakout from a long-term triangle pattern and strong technical indicators. While dilution risk exists, the capital move boosts loan growth plans and CET-1 ratio by 60 bps. Retail sentiment is bullish.
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