SBI may correct to Rs 1550: SP Tulsian

                                   

SP Tulsian of sptulsian.com told CNBC-TV18, "I don't know how State bank of India (SBI) will really be able to present any kind of comfort on the asset quality. I won't be surprised to see the share correcting to level of about Rs 1550 or so."

The share touched its 52-week high Rs 2,550 and 52-week low Rs 1,665.00 on 10 January, 2013 and 01 August, 2013, respectively. Currently, it is trading 34.06 percent below its 52-week high and 0.98 percent above its 52-week low. Market capitalisation stands at Rs 115,010.05 crore.

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