SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SBI moves up on getting nod to raise Rs 3004 crore by March

21 Jan 2013 Evaluate

State Bank of India (SBI) is currently trading at Rs. 2493.75, up by 2.55 points or 0.10 % from its previous closing of Rs. 2491.20 on the BSE.

The scrip opened at Rs. 2496.00 and has touched a high and low of Rs. 2510.55 and Rs. 2490.00 respectively. So far 82780 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2550.00 on 10-Jan-2013 and a 52 week low of Rs. 1804.50 on 16-May-2012.

Last one week high and low of the scrip stood at Rs. 2520.00 and Rs. 2422.00 respectively. The current market cap of the company is Rs. 167123.83 crore.

The promoters holding in the company stood at 61.58% while Institutions and Non-Institutions held 26.90% and 9.05% respectively.

State Bank of India (SBI) has received approval from central board of the bank for infusion of Capital funds in the Bank by the Government of India (GoI), to the tune of Rs 3004 crore during FY 2012-13, by way of preferential allotment of equity shares to the GoI, to enable the Bank to support national and international banking operations undertaken through its subsidiaries and associates. In this connection, the Bank is seeking necessary approvals from RBI and GoI under section 5(2) of the State Bank of India Act to increase its issued capital.

Last fiscal, the government had infused Rs 7,900 crore in SBI to increase the Tier-I capital of the country's largest bank. Following the capital infusion in March 2012, the government holding in SBI rose to 61.58% from 59.4%.

In FY11-12, the government pumped in about Rs 12,000 crore additional in public sector banks as against Rs 20,117 crore in 2010-11.

SBI Share Price

1080.35 12.85 (1.20%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1080.35
PNB 114.50
Canara Bank 142.35
Bank Of Baroda 280.00
Union Bank Of India 188.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×