State Bank Of India

State Bank of India is currently trading at Rs. 199.60, up by 1.35 points or 0.68% from its previous closing of Rs. 198.25 on the BSE.

The scrip opened at Rs. 200.05 and has touched a high and low of Rs. 205.85 and Rs. 197.25 respectively. So far 2099074 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 351.00 on 28-Nov-2019 and a 52 week low of Rs. 149.55 on 22-May-2020.

Last one week high and low of the scrip stood at Rs. 205.85 and Rs. 187.10 respectively. The current market cap of the company is Rs. 177153.54 crore.

The promoters holding in the company stood at 57.63%, while Institutions and Non-Institutions held 33.04% and 9.13% respectively.

State Bank of India’s (SBI) subsidiary -- SBI General Insurance is expecting to increase its market share among the private sector non-life players to 8.5 percent by March, driven by the momentum in the health and motor portfolios. The optimism comes from a growth rate of 25 percent it has clocked in the first five months of the year as against the industry growth rate of 5 percent, and the uptick in the motor business, which is its single-largest business portfolio. In the June quarter, the company's AUM clipped at 21 percent to Rs 7,725 crore and had a 7.3 percent market share among the private players.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.