Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy SBI (SBIN) shares

Learn how to easily invest in SBI shares.

- INR2.05 ( - 0.40%)

State Bank of India (SBIN) is a leading banks-regional business based in India. It opened the day at INR425 after a previous close of INR424.45. During the day the price has varied from a low of INR421.05 to a high of INR427.5. The latest price was INR423.75 (25 minute delay). SBI is listed on the NSE and employs 244,250 staff. All prices are listed in Indian Rupee.

How to buy shares in SBI from India

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for SBI. Find the stock by name or ticker symbol: SBIN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until SBI reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of INRINR508.1, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of SBI, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of SBI. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Compare online trading platforms

Name Product Number of stocks CFDs Shares Available Markets Link
Go to site
CFD service. Your capital is at risk.
CFD Service. Your capital is at risk.
Pay $0 fee on every trade in the stock market by opening a Libertex investment account. Start investing with just $50 and earn dividends from your stocks on the Libertex Portfolio platform.
ICICI Direct
All NSE/BSE listed stocks
Go to site
More info
Kickstart your investment journey with one of the largest retail stock brokers in India. Open a single 3-in-1 integrated account and trade a wide range of asset classes with ease.
Saxo Bank
Go to site
CFD service. Your capital is at risk.
More info
CFD Service. Your capital is at risk.
Trade 40,000+ financial instruments at market-leading prices with this powerful yet intuitive trading platform.
Zacks Trade
Access to global markets
Go to site
More info
Trade stocks, bonds, ETFs, options, and more on 90+ international exchanges. Offers customisable trading platforms with over 120 technical indicators for your charting needs.
Bajaj Finserv Securities
All NSE/BSE listed stocks
More info
Pay ₹5 per order brokerage on equities, futures and options trades by signing up to the Bajaj Privilege Club. T&Cs apply.
Bajaj Finserv Securities is one of the largest retail asset financing NBFCs in India offering a wide product portfolio

Is it a good time to buy SBI stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

SBI shares at a glance

Information last updated 2021-07-09.
Previous closeINR424.45
Change INR-0.70
Change % -0.1649%
Volume 16,837,571
Information last updated 2023-03-23.
52-week rangeINR430.70 - INR629.55
50-day moving average INR548.78
200-day moving average INR549.75
Wall St. target priceINR711.49
PE ratio 9.6618
Dividend yield INR0 (1.34%)
Earnings per share (TTM) INR53.07

SBI stock price (NSE:SBIN)

Use our graph to track the performance of SBIN stocks over time.

SBI price performance over time

Historical closes compared with the close of INR423.75 from 2023-03-28

1 week (2023-03-21) -18.80%
1 month (2023-03-01) -21.05%
3 months (2022-12-29) -30.74%
6 months (2022-09-29) -18.78%
1 year (2022-03-29) -14.39%
2 years (2021-03-26) 18.63%
3 years (2020-03-27) 116.25%
5 years (2018-03-28) 69.57%

Is SBI stock undervalued or overvalued?

Valuing SBI stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SBI's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SBI financials

Revenue TTM INR2,322.1 billion
Operating margin TTM 19.39%
Gross profit TTM INR2,107.2 billion
Return on assets TTM 0.9%
Return on equity TTM 14.55%
Profit margin 20.29%
Book value INR393.27
Market capitalisation INR4.6 trillion

TTM: trailing 12 months

SBI's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like SBI.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

SBI's total ESG risk score

Total ESG risk: 38.72

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and SBI's overall score of 38.72 (as at 01/01/2019) is pretty weak – landing it in it in the 72nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like SBI is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

SBI's environmental score

Environmental score: 6.86/100

SBI's environmental score of 6.86 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that SBI is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

SBI's social score

Social score: 17.77/100

SBI's social score of 17.77 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that SBI is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

SBI's governance score

Governance score: 18.09/100

SBI's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that SBI is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

SBI's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. SBI scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that SBI hasn't always managed to keep its nose clean.

SBI share dividends


Dividend payout ratio: 14.86% of net profits

Recently SBI has paid out, on average, around 14.86% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.34% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SBI shareholders could enjoy a 1.34% return on their shares, in the form of dividend payments. In SBI's case, that would currently equate to about INR0 per share.

While SBI's payout ratio might seem low, this can signify that SBI is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 25 May 2022 (the "ex-dividend date").

Have SBI's shares ever split?

SBI's shares were split on a 10:1 basis on 20 November 2014. So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your SBI shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for SBI shares which in turn could have impacted SBI's share price.

SBI share price volatility

Over the last 12 months, SBI's shares have ranged in value from as little as INR430.7 up to INR629.55. A popular way to gauge a stock's volatility is its "beta".

SBIN.NSE volatility(beta: 0.68)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while SBI's is 0.6794. This would suggest that SBI's shares are less volatile than average (for this exchange).

SBI overview

State Bank of India provides banking products and services to individuals, commercial enterprises, corporates, public bodies, and institutional customers in India and internationally. The company operates through Treasury, Corporate/Wholesale Banking, Retail Banking, Insurance Business, and Other Banking Business segments. It offers personal banking products and services, including current accounts, savings accounts, salary accounts, fixed and recurring deposits, and flexi and annual deposits; home, personal, auto, education, and gold loans, as well as loans against property and securities; overdrafts; mutual funds, insurance, equity trading, portfolio investment schemes, remittance services; and mobile and digital banking services. The company also provides corporate banking products and services comprising corporate accounts, working capital and project finance, deferred payment guarantees, corporate term loans, structured finance, dealer and channel financing, equipment leasing, loan syndication, construction equipment loans, financing Indian firms' overseas subsidiaries or JVs, cash management, and asset-backed loans, as well as trade and service products. In addition, it offers NRI services, including accounts and deposits, remittances, investments, and loans; agricultural banking and micro-credit to agriculturists and farmers; supply chain finance, and deposits and transaction banking services for SME customers; and international banking services. Further, the company provides treasury, broking, bill payment, and MICR services; and merchant banking, advisory, securities broking, business & management consultancy, trustee business, factoring, payment, asset management, investment management, credit cards, and custody and fund accounting services. It also offers support and business correspondent services.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Go to site