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SBI spurts on inking pact with EPC to finance farmers for micro irrigation systems

18 Feb 2013 Evaluate

State Bank of India (SBI) is currently trading at Rs 2257.00, up by 23.75 points or 1.06% from its previous closing of Rs 2233.25 on the BSE.

The scrip opened at Rs 2235.90 and has touched a high and low of Rs 2261.00 and Rs 2234.10 respectively. So far 55375 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 2322.55 and Rs 2177.05 respectively. The current market cap of the company is Rs 150304.08 crore.

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

In a bid to finance farmers for micro irrigation systems, State Bank of India (SBI), country’s largest public sector lender has entered into agreement with EPC Industries, part of Mahindra Group. As per the agreement, EPC will help the bank to identify eligible farmers with a requirement for micro irrigation systems, crop management services, agriculture pumps. 

EPC is engaged in manufacturing and selling of micro-irrigation systems, crop management services and agriculture pumps.

Recently, SBI inaugurated five e-corners in various parts of Kolkata city, West Bengal, which would help customers to cater the day-to-day banking needs.

State Bank Of India Share Price

1047.20 20.10 (1.96%)
01-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
State Bank Of India 1047.20
PNB 107.50
Bank Of Baroda 271.50
Canara Bank 126.15
Union Bank Of India 174.85
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