State Bank of India (SBI) is currently trading at Rs. 296.00, up by 4.86 points or 1.67% from its previous closing of Rs. 291.14 on the BSE.
The scrip opened at Rs. 294.40 and has touched a high and low of Rs. 298.70 and Rs. 291.05 respectively. So far 2083910 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.70 on 20-Nov-2014 and a 52 week low of Rs. 145.60 on 14-Feb-2014.
Last one week high and low of the scrip stood at Rs. 298.70 and Rs. 269.59 respectively. The current market cap of the company is Rs. 220910.98 crore.
The promoters holding in the company stood at 58.60% while Institutions and Non-Institutions held 31.25% and 8.03% respectively.
State Bank of India (SBI), the nation’s biggest lender, has launched a new customer facility ‘Easy Collect’ as a pilot project at its Bandra-Kurla Complex branch. This new facility enables collection of the correct amount of premium from policyholders and real-time remittance of the same to SBI Life Insurance Company. The Policy holders can also get receipts for the cash / cheque payment.
SBI has registered 30.54% jump in its net profit at Rs 3100.41 crore for second quarter ended September 30, 2014 as compared to Rs 2375.01 crore for the same quarter in the previous year. Total income of the bank has increased 12.46% at Rs 41833.36 crore for Q2FY15 as compared Rs 37199.92 crore for the corresponding quarter previous year.
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