Hey guys, I have some savings with me which is a fairly large amount(50lakhs) and am considering putting it all into SBI at around 570-580….
It’s for a long term investment and am hoping that SBI would reach the share price closer to Axis Bank, ICICI Bank or even HDFC Bank soon(in about 2 years). Is this a practical reality? It seems like SBI is greatly undervalued when it comes to market cap, profits and even market share…. Any advice on the same??
PS: I won’t be splitting it as I already have a diverse portfolio with 4-5 other stocks. I just want to put some real money behind a bluechip for a long term investment and for big returns.