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SBI rises nearly 23% in a month. Can it continue the outperformance?

Updated : December 08, 2020 11:33:48 IST

SBI has been an underperformer in the last one year. The stock has fallen 14 percent compared to a close to 3 percent fall in the Nifty Bank. The stock is down 28 percent from its highest level seen at Rs 370 in mid-2019.

However, in the past one month, it was seen giving up underperformance -- the stock has been an outperformer during the period, up close to 23 percent. In comparison, the Nifty Bank is up 12 percent.

In Monday’s trading session, the delivery percentage was more than 35 percent and the average was 20 percent for the last 10-12 days.

For more details, watch the video
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