Aditya Birla unit seeks ₹14,500 crore in loans, says report; here's why it needs the funds
State Bank of India is in focus.
· LiveMint Companies
Aditya Birla Renewables is seeking $1.5 billion in rupee loans from Indian banks including SBI and HDFC, as per a news report. Here's why it needs the funds.
The analysis
State Bank of India reported ₹14,500 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.0% on the day at ₹961.85, and has returned -6.2% over three months. It sits 22% below its 52-week high. The banks sector has moved -6.0% over the same period, so State Bank of India is running 0.2 points behind its peers.
For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- In focus: State Bank of India (SBI) (SBIN), in Banks.
- On the day, 1 of 2 are higher: HDFC Bank leads at +1.4% and State Bank of India (SBI) trails at -1.0%.
- Over three months: State Bank of India (SBI) -6.2% against Banks -6.0% (0.2 points behind); HDFC Bank -8.1% against Banks -6.0% (2.1 points behind).
- At least 25% below the 52-week high: HDFC Bank (31%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹961.85 | -1.0% | +0.2% | -6.2% | -21.7% | 0.9× | — |
| HDFC BankHDFCBANK · Banks | ₹692.80 | +1.4% | -2.2% | -8.1% | -31.4% | 0.7× | — |
Banks
1M -3.4% · 3M -6.0%
State Bank of India (SBI), HDFC Bank
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Supreme Infrastructure moves closer to settling ₹2,200 crore debt after NCLT extends payment deadline
F&O Talk: Big break above 23,200 can open doors for 23,500 for Nifty; Sudeep Shah picks 6 stocks ahead of Diwali
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself
Breakout stocks: Adani Ports, Nykaa, Saregama on radar; analyst tells why
Sensex, Nifty may gain 5-8% if external headwinds recede: Baldev Prakash