| Date | Rating | Target Price | Recommendation Price | Broker house |
| 17 May 2011 | buy | 3110 | 2413 | Citi Report |
state bank of india (Citi) 4QFY11 Results: Disappointing Quarter, Operationally Weak
Weak quarter, 4Q11 profits down to Rs209mn; There was an element of kitchen sinking as well; Lack of transparency and consistency in accounting, disclosures; Outlook: Operationally, reasonably healthy
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