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Buy State Bank of India, target price Rs 1,030: Axis Securities

Axis Securities recommends buying shares of State Bank of India. They set a target price of Rs 1030 per share. SBI reported a consolidated total income of Rs 152125.05 crore for the quarter ended June 30, 2024. The bank's net profit after tax for the same quarter was Rs 19324.96 crore.

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