State Bank of Bikaner & Jaipur is currently trading at Rs. 608.40, up by 35.80 points or 6.25% from its previous closing of Rs. 572.60 on the BSE.
The scrip opened at Rs. 583.25 and has touched a high and low of Rs. 632.80 and Rs. 582.00 respectively. So far 51,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 707.00 on 24-Jul-2014 and a 52 week low of Rs. 281.90 on 04-Mar-2014.
Last one week high and low of the scrip stood at Rs. 632.80 and Rs. 571.00 respectively. The current market cap of the company is Rs. 4,252.00 crore.
The promoters holding in the company stood at 75.07% while Institutions and Non-Institutions held 9.60% and 15.32% respectively.
State Bank of Bikaner & Jaipur (SBBJ) has entered into a strategic tie-up with Shriram Automall India (SAMIL), 100% subsidiary of Shriram Transport Finance Company (STFC). Through this tie-up, SAMIL will provide its services in order to facilitate the disposal of bank’s pre-owned cars and tractors. It will carry out the disposal of their assets through its bidding platforms.
SAMIL will conduct bidding events for the disposal of SBBJ’s pre-owned cars and tractors at its Automalls and yards. Apart from physical bidding, the company is also going to utilize its online bidding events, private treaty and one stop classified kiosk while following a 360 degree approach for better price realization on the assets.
SBBJ is one of the five Associate Banks of SBI and has operations primarily in Rajasthan, with presence at all important centres in the country. Being an SBI Associate, SBBJ derives significant benefits from its use of State Bank brand name and logo, access to an extensive branch network including the ATM network and sharing of systems like the credit risk-rating model, treasury management and information technology (IT) systems with the parent.
Company Name | CMP |
---|---|
SBI | 820.50 |
Bank Of Baroda | 251.20 |
Canara Bank | 102.65 |
PNB | 97.85 |
Union Bank Of India | 117.10 |
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