State Bank of India is currently trading at Rs. 2032.25, up by 48.00 points or 2.42 % from its previous closing of Rs. 1984.25 on the BSE.
The scrip opened at Rs. 1991.60 and has touched a high and low of Rs. 2038.00 and Rs. 1990.00 respectively. So far 204780 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2469.25 on 20-May-2013 and a 52 week low of Rs. 1452.90 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 1990.00 and Rs. 1872.00 respectively. The current market cap of the company is Rs. 151461.02 crore.
The promoters holding in the company stood at 58.60 % while Institutions and Non-Institutions held 30.53 % and 8.75 % respectively.
State Bank of India (SBI), country’s largest lender is reportedly planning to raise $750 million to $1 billion through bond sales, reviving overseas fund raising by Indian companies as international investors believe that the outlook for the Indian economy is set to improve. The bonds could be priced somewhere between 240 basis points and 250 basis points above the 10-year US treasuries.
Recently, International Monetary Fund’s (IMF) latest edition of the World Economic Outlook, stating that India's growth is expected to recover from 4.4 percent in 2013 to 5.4 percent in 2014 supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects.
The bank reported 34.20% fall in its net profit at Rs 2234.34 crore for third quarter ended December 31, 2013 as compared to Rs 3396.06 crore for the same quarter in the previous year. However, total income of the bank increased by 14.91% at Rs 39060.76 crore for quarter under review as compared to Rs 33992.11 crore for the quarter ended December 31, 2012.
Company Name | CMP |
---|---|
SBI | 773.75 |
Bank Of Baroda | 260.20 |
PNB | 132.80 |
Canara Bank | 601.55 |
Union Bank Of India | 146.90 |
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