State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1017.15
-60.40 (-5.61%)
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SBI zooms on reporting multi-fold jump in Q2 consolidated net profit

Date: 10-11-2017

State Bank of India (SBI) is currently trading at Rs. 330.30, up by 16.55 points or 5.27% from its previous closing of Rs. 313.75 on the BSE.

The scrip opened at Rs. 315.00 and has touched a high and low of Rs. 338.15 and Rs. 309.60 respectively. So far 6385070 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 351.50 on 26-Oct-2017 and a 52 week low of Rs. 241.10 on 03-Jan-2017.

Last one week high and low of the scrip stood at Rs. 338.15 and Rs. 307.00 respectively. The current market cap of the company is Rs. 290813.89 crore.

The promoters holding in the company stood at 57.96%, while Institutions and Non-Institutions held 33.25% and 8.80% respectively.

State Bank of India (SBI) has reported 37.69% fall in its net profit of Rs 1581.55 crore for the quarter ended September 30, 2017 as compared to Rs 2538.32 crore for the same quarter in the previous year. However, the total income of the bank increased by 28.94% at Rs 65,429.63 crore for Q2FY18 as compared Rs 50,742.99 crore for the corresponding quarter previous year.

On consolidate basis, the bank has reported around 89-fold jump in its net profit after minority interest at Rs 1,840.43 crore for the quarter under review as compared to Rs 20.70 crore for the corresponding quarter in the FY17. Total consolidated income of the bank rose marginally by 2.78% at Rs 74,948.52 crore for quarter under review as compared to Rs 72,918.41 crore for the same quarter ended previous year.