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State Bank of India soars on plan to raise $1,500 million

30 Jun 2016 Evaluate

State Bank of India is currently trading at Rs 221.00, up by 3.80 points or 1.75% from its previous closing of Rs. 217.20 on the BSE.

The scrip opened at Rs 220.00 and has touched a high and low of Rs 221.40 and Rs 219.35 respectively. So far 581663 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 291.85 on 05-Aug-2015 and a 52 week low of Rs. 148.30 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 218.70 and Rs. 202.55 respectively. The current market cap of the company is Rs. 170936.35 crore.

The promoters holding in the company stood at 60.18%, while Institutions and Non-Institutions held 28.41% and 10.07% respectively.

State Bank of India is planning to raise long term funds up to $1,500 million in single / multiple tranches through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during the financial year 2016-17. The Executive Committee of the Central Board in its meeting held on June 29, 2016, has approved for the same.

State Bank of India offers a wide range of services in the Personal Banking, Agriculture/Rural, NRI services, SME and Corporate Banking etc.

State Bank Of India Share Price

1018.05 -19.75 (-1.90%)
08-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
State Bank Of India 1018.05
PNB 100.95
Bank Of Baroda 240.40
Canara Bank 121.10
Union Bank Of India 154.40
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