State Bank of India is currently trading at Rs. 1960.10, up by 21.60 points or 1.11% from its previous closing of Rs. 1938.50 on the BSE.
The scrip opened at Rs. 1931.90 and has touched a high and low of Rs. 1972.50 and Rs. 1919.40 respectively. So far 5, 85,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2529.50 on 26-Jul-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. 2039.40 and Rs. 1820.00 respectively. The current market cap of the company is Rs. 1, 31,531 crore.
The promoters holding in the company stood at 61.58% while Institutions and Non-Institutions held 25.84% and 10.05% respectively.
State Bank of India (SBI), country’s largest public sector lender is likely to offer a loan of Rs 1,400 crore to Damodar Valley Corporation (DVC) to part-fund its 500-MW Bokaro Thermal Power Station (A) Project. Associate banks of the bank are also going to lend Rs 1,000 crore to the project.
With this fund, DVC will replace the old and abandoned 247-MW Thermal Power Plant which was built in 1953. The debt-equity ratio of the Rs 3,500-crore project will be 70:30. The Bokaro Unit is expected to be commissioned in April 2014. Central Coalfields will offer fuel for the project and the power generated will be fed to the national grid.
Recently, SBI has introduced a ‘virtual' electronic debit card for e-commerce transactions. The customer can create this State Bank Virtual card using bank's internet banking facility with transaction rights and customer is not required to share any details of the principal account on the merchant web site.
| Company Name | CMP |
|---|---|
| SBI | 811.85 |
| Bank Of Baroda | 245.20 |
| Canara Bank | 100.60 |
| PNB | 101.65 |
| Union Bank Of India | 118.10 |
| 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
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
