SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SBI trades in pink on sanctioning Rs 2,650 crore loan to Rashtriya Ispat Nigam

27 Feb 2013 Evaluate

State Bank of India (SBI) is currently trading at Rs 2210.65, up by 11.65 points or 0.53% from its previous closing of Rs 2199.00 on the BSE.

The scrip opened at Rs 2208.55 and has touched a high and low of Rs 2218.90 and Rs 2208.00 respectively. So far 31371 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 2287.95 and Rs 2189.00 respectively. The current market cap of the company is Rs 148636.53 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), country’s largest public sector lender has sanctioned loan of Rs 2,650 crore to Rashtriya Ispat Nigam (RINL) for expansion project of its plant. The bank has done partial disbursement of Rs 500 crore to RINL. The lender already has cordial and favorable business relations with RINL for many years.

The bank has reported 4.08% rise in its net profit at Rs 3396.06 crore for third quarter ended December 31, 2012 as compared to Rs 3263.04 crore for the same quarter in the previous year. Total income from operation of the bank has increased by 14.11% at Rs 33992.11 crore for quarter under review as compared to Rs 29787.37 crore for the quarter ended December 31, 2011.

SBI Share Price

1107.60 27.25 (2.52%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1107.60
PNB 113.75
Canara Bank 142.70
Bank Of Baroda 280.85
Union Bank Of India 189.05
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:

×