State Bank Of India

State Bank of India (SBI) is currently trading at Rs. 254.20, up by 3.20 points or 1.27% from its previous closing of Rs. 251.00 on the BSE.

The scrip opened at Rs. 251.00 and has touched a high and low of Rs. 254.40 and Rs. 250.20 respectively. So far 259183 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 288.50 on 11-Nov-2016 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. 261.80 and Rs. 250.40 respectively. The current market cap of the company is Rs. 202646.62 crore.

The promoters holding in the company stood at 61.18%, while institutions and non-institutions held 29.09% and 9.73% respectively.

SBI, country’s largest public sector lender has raised Rs 5681 crore by issuing preferential shares to the government of India. Shares were issued at a price of Rs 269.59 per unit of face value of Re 1 each, including a premium of Rs 268.59 per unit for a total consideration of Rs 5681 crore. The fund infusion is part of total capital support of Rs 7575 crore to the bank fixed for the current financial year.

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