State Bank of India Stock Hits Record High of Rs.1051.9 on 20 Jan 2026

Strong Price Performance and Market Outperformance

On the day of this record, SBI’s stock price advanced by 1.02%, significantly outperforming the Sensex, which declined by 0.34%. This positive momentum extends beyond a single day, with the bank’s one-week gain at 1.97% compared to the Sensex’s 0.79% decline. Over the past month, SBI surged 7.00%, while the Sensex fell 2.31%, highlighting the stock’s resilience amid broader market pressures.

Longer-term performance further emphasises SBI’s strength. Over three months, the stock appreciated 15.65%, vastly outpacing the Sensex’s 1.66% drop. The one-year return of 34.62% dwarfs the Sensex’s 7.65%, and the year-to-date gain of 6.78% contrasts with the Sensex’s 2.65% decline. Over three, five, and ten years, SBI’s returns have been particularly impressive at 77.12%, 246.64%, and 503.77% respectively, compared to the Sensex’s 36.86%, 66.62%, and 244.80% gains.

Volatility and Moving Averages Indicate Active Trading

Intraday volatility was notably high at 46.42%, calculated from the weighted average price, signalling active trading and investor engagement on the day the stock hit its peak. Despite this volatility, SBI maintained a steady upward trajectory, trading above all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – which is a technical indicator of sustained bullish momentum.

Mojo Score and Grade Reflect Market Standing

SBI currently holds a Mojo Score of 67.0, categorised under a 'Hold' grade, an upgrade from its previous 'Sell' rating as of 11 Aug 2025. This improvement in grading reflects enhanced market confidence and better performance metrics. The Market Cap Grade stands at 1, indicating the stock’s significant market capitalisation within the public sector banking space.

Sector and Industry Context

Operating within the Public Sector Bank industry and sector, SBI’s performance is particularly noteworthy given the sector’s competitive landscape. The stock outperformed its sector by 0.74% on the day it reached its all-time high, reinforcing its leadership position among peers. This outperformance is supported by the bank’s ability to sustain growth and maintain investor interest despite market fluctuations.

Historical Growth Trajectory

The stock’s journey to this record price has been marked by consistent growth over the past decade. A ten-year return of 503.77% is a testament to SBI’s enduring value creation for shareholders. This growth trajectory has been supported by steady improvements in financial metrics and strategic initiatives that have strengthened the bank’s market position.

Summary of Key Metrics

The stock’s all-time high of Rs.1051.9 was achieved amid a day of high volatility and strong relative performance. The consistent upward movement above all major moving averages signals a positive technical outlook. The Mojo Score upgrade from 'Sell' to 'Hold' within five months highlights improved market sentiment and operational stability. SBI’s market capitalisation remains substantial, reinforcing its status as a flagship public sector bank.

Conclusion: A Milestone Reflecting Sustained Strength

State Bank of India’s attainment of a new all-time high price is a significant milestone that encapsulates years of steady growth and market resilience. The stock’s performance across multiple time frames, combined with its improved Mojo grading and technical indicators, illustrates a well-established position in the Indian banking sector. This achievement is a clear reflection of the bank’s enduring fundamentals and its ability to navigate market dynamics effectively.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →