State Bank of Travancore is currently trading at Rs. 578.50, up by 5.90 points or 1.03% from its previous closing of Rs. 572.60 on the BSE.
The scrip opened at Rs. 572.05 and has touched a high and low of Rs. 578.60 and Rs. 572.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 816.00 on 26-Apr-2011 and a 52 week low of Rs. 451.00 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 585.20 and Rs. 565.00 respectively. The current market cap of the company is Rs. 2892.00 crore.
The promoters holding in the company stood at 75% while Institutions and Non-Institutions held 5.59% and 19.41% respectively.
State Bank of Travancore (SBT), a subsidiary of State Bank of India is under the process of expanding its branch network. The bank is planning to add more than 100 branches during the next 12 months in addition to the existing 887 branches all over the Kerala state. The bank aims to open at least one branch per village in the state. During this year, the bank is planning to open at least 25 branches in North Kerala.
Within a span of five to six years, the bank is targeting to become one of the top ten banks in the country. It had estimated 24 percent growth in business during 2011-12 with 28 percent growth in its NRI business and had already set up a representative office in Dubai.
SBT recorded 24% growth in business in 2011-2012, that includes deposits and advances to Rs 13 crore ($26 billion). The NRI segment accounts for 21% of the bank’s total deposits, while one-third of all overseas remittances to Kerala are routed through the bank. The lender also accounts for one-third of NRI deposits in the state.
| Company Name | CMP |
|---|---|
| SBI | 816.05 |
| Bank Of Baroda | 236.10 |
| Canara Bank | 96.95 |
| PNB | 99.82 |
| Union Bank Of India | 114.95 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
