State Bank of India (SBI) is currently trading at Rs. 2124.55, up by 8.45 points or 0.40% from its previous closing of Rs. 2116.10 on the BSE.
The scrip opened at Rs. 2130.00 and has touched a high and low of Rs. 2138.55 and Rs. 2120.10 respectively. So far 119535 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. 2200.00 and Rs. 2085.55 respectively. The current market cap of the company is Rs. 142969.46 crore.
The promoters holding in the company stood at 61.58% while Institutions and Non-Institutions held 25.84% and 10.05% respectively.
In a bid to manage growing business, State bank of India (SBI) will hire about 10,500 employees during the current financial year. Of which the country’s largest bank would make 9,500 clerical level appointments and nearly 1,000 probationary officers to be inducted.
As on March 31, 2012, the bank had a total workforce of 215,481 -- of which 80,404 are officers, 95,715 are clerical staff while, the remaining 39,362 were sub-staff.
The bank already remained leader in the retail car loan financing and home loan businesses while, its retail advances grew 10.9% to Rs 182,427 crore in the year ended March 31, 2012. It commanded 26% market share in home loan and 17.51% market share in car loan financing last year.
SBI reported a surge of 41.66% in its net profit to Rs 11707.29 crore for the year under review, against net profit of Rs 8264.52 crore for the corresponding period last fiscal. Total income increased by 24.33% at Rs 120872.90 crore during the year under review from Rs 97218.96 crore in the year-ago period.
| Company Name | CMP |
|---|---|
| SBI | 811.65 |
| Bank Of Baroda | 246.85 |
| Canara Bank | 101.00 |
| PNB | 102.05 |
| Union Bank Of India | 118.95 |
| 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.
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