Top Banking Stocks: Forget America, the treasure is hidden in these banks of India, shares can give 30-50% returns – these top banking stocks can give up to 50 percent returns
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35% jump expected in SBI
State Bank of India (SBI) is at number four in this list. The stock of this public sector bank had closed at Rs 525.40 on Tuesday. The average price target for the stock is Rs 711 with an upside of 35.30 per cent. At the same time, the share of Ujjivan Small Finance Bank can jump 42.50 percent in 12 months. The average price target for this is Rs 36.40.
| Name of bank | average target price | current price | Target (in %) |
| bandhan bank | 311 | 206 | 50.90 |
| City Union Bank | 193 | 134.30 | 43.70 |
| Ujjivan Small Finance Bank | 36.40 | 25.55 | 42.50 |
| SB I | 711 | 525.40 | 35.30 |
| Karur Vysya Bank | 134 | 99.05 | 35.30 |
| ICICI Bank | 1,110 | 830.35 | 33.70 |
| IndusInd Bank | 1420 | 1064 | 33.50 |
| DCB Bank | 138 | 104.10 | 32.60 |
| Axis Bank | 1100 | 832.85 | 32.10 |
| Federal Bank | 166 | 127.75 | 29.90 |
| Kotak Mahindra Bank | 2120 | 1648.25 | 28.60 |
| Canara Bank | 364 | 286.30 | 27.10 |
City Union Bank stock may gain 43%
Talking about City Union Bank, the share of this bank can go up to Rs 193 with a return of 43.70 per cent. Karur Vysya Bank stock has the potential to go up to Rs 134 with an upside of 35.30 per cent. At the same time, the share of ICICI Bank can go up to Rs 1110 in 12 months with a jump of 33.70 per cent.
Note: The investment tips or views expressed here are not those of Navbharat Times.com or its management. These have been taken from various third party sources.
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