Shares of SBI Surges 25% in 2025. Can It Continue the Rally in 2026?

Mumbai, December 1: The shares of India’s biggest bank, State Bank of India, are witnessing a strong rally in 2025. The shares are on track to experience its strongest years in recent times. The shares of SBI have gained 25% so far in 2025, with returns higher than any other stock within the Nifty 50. This marks the bank’s fifth straight year when it has provided positive returns to its investors. It gained 5% in 2023, 23% in 2024, and is on path to provide higher gains to investors this year. 

SBI to Post Fifth Straight Yearly Rise 

The recent rally in the shares of SBI has pushed its year-to-date returns to 25%. The stock started to witness strong demand from investors from the start of August, driven by a strong financial performance. For Q2 FY26, it reported a net profit of ₹20,160 crore, higher 10% YoY. Its loan book also rose by 12.73% YoY to ₹44.2 lakh crore in Q2 FY26. Furthermore, the bank has raised its credit growth forecast to 12-14% for the current fiscal year. With the strong financial performance, and better growth forecast, the shares are witnessing a steady rise. 

Share Price Fall by 0.10% to ₹978 

As of 11:50 AM, SBI share price was down by 0.10, or 1 point, and was trading at ₹978. Until now, the shares have traded within a range of ₹991.20 and ₹981.25. The traded volume stood at 35.08 lakh shares, with the company’s market cap at ₹9,03,677 crore. 

Can it Continue This Performance in 2026? 

Analysts believe that SBI may continue this performance in 2026, as the company has posted good financials and has growth potential. The shares have been rising steadily since August, and analysts believe that with the current performance, the shares may breach the ₹1,000 mark by this year end, or in January 2026. It remains to be seen if the shares continue this performance, as RBI is expected to reduce the interest rates in its meeting scheduled between December 3-5. 

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