SBI shares drop 3% post Q1 results. Should you buy, sell or hold?

SBI Share Price: State Bank of India's shares plunged 3% after it reported a standalone net profit of Rs 17,035 crore for the June quarter, marginally up from the previous year. Despite this, brokerages like Nomura, Jefferies, and Nuvama maintained their buy ratings, forecasting target prices between Rs 900 and Rs 1,030 amid stable asset quality and loan growth.