SBI trades higher on the bourses

29 May 2014 Evaluate

SBI is currently trading at Rs. 2627.35, up by 17.25 points or 0.66% from its previous closing of Rs. 2610.10 on the BSE.

The scrip opened at Rs. 2605.10 and has touched a high and low of Rs. 2641.40 and Rs. 2580.00 respectively. So far 197715 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2833.85 on 26-May-2014 and a 52 week low of Rs. 1452.90 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 2833.85 and Rs. 2471.00 respectively. The current market cap of the company is Rs. 196524.17 crore.

The promoters holding in the company stood at 58.60% while Institutions and Non-Institutions held 30.53% and 8.75% respectively.

State Bank of India (SBI) has sold non-performing assets (NPAs) worth Rs 3,590 crore during 2013-14 to asset reconstruction companies (ARCs). The bank’s consideration for the sale was primarily in securities and a small portion in cash. Of the total sale value, Rs 241 crore was in cash and Rs 1,698 crore in security receipts. Large and mid-size corporate advances and high-end SME loan portfolios formed a basket of NPAs that were sold to four asset reconstruction companies.

The bank reported 34.20% fall in its net profit at Rs 2234.34 crore for third quarter ended December 31, 2013 as compared to Rs 3396.06 crore for the same quarter in the previous year. However, total income of the bank increased by 14.91% at Rs 39060.76 crore for quarter under review as compared to Rs 33992.11 crore for the quarter ended December 31, 2012.

SBI Share Price

742.80 -17.55 (-2.31%)
10-Jan-2025 14:39 View Price Chart
Peers
Company Name CMP
SBI 742.80
Bank Of Baroda 225.40
Canara Bank 92.95
PNB 98.70
Union Bank Of India 103.25
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