State Bank of India soars on the bourses

12 Jan 2012 Evaluate

State Bank of India (SBI) is currently trading at Rs. 1751.75, up by 26.00 points or 1.51% from its previous closing of Rs. 1725.75 on the BSE.

The scrip opened at Rs. 1730.00 and has touched a high and low of Rs. 1774.00 and Rs. 1719.85 respectively. So far 282226 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2959.90 on 25-Apr-2011 and a 52 week low of Rs. 1576.00 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 1774.00 and Rs. 1625.10 respectively. The current market cap of the company is Rs. 111696.32 crore.

The promoters holding in the company stood at 59.40% while Institutions and Non-Institutions held 27.19% and 10.56% respectively.

SBI, country’s largest public sector lender has opened exclusive branch for high-net worth women customers in Hyderabad on January 11, 2012. This exclusive branch has targeted at tech-savvy, educated women customers including entrepreneurs.

The bank has provided play room for kids and free lockers for keeping personal belongings at the branch as women customers can handle their banking transactions in a safe and family atmosphere.

The principal holder in an account in the bank will be women and the second applicant may be any person of her choice such as her spouse, parents or siblings. There are no restrictions on initial deposit required to open an account. The branch also has a self-service KIOSK with all modern banking amenities. The bank is also planning to manage the branch with women employees. 

SBI Share Price

811.85 -9.10 (-1.11%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
SBI 811.85
Bank Of Baroda 245.20
Canara Bank 100.60
PNB 101.65
Union Bank Of India 118.10
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