The bank is scheduled to consider the status and decide on long term fund raising in single/multiple tranches up to US$ 1,500 million through a public offer and/or private placement.
State Bank of India has informed BSE that a meeting of the Executive Committee of the Central Board of the Bank is scheduled to be held on June 29, 2016 at Mumbai to consider the status and decide on long term fund raising in single/multiple tranches up to US$ 1,500 million through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during the financial year 2016-17.
Stock View:
State Bank of India is currently trading at Rs. 217.9, up by Rs. 1.6 or 0.74% from its previous closing of Rs. 216.3 on the BSE.
The scrip opened at Rs. 217.65 and has touched a high and low of Rs. 218.7 and Rs. 216.55 respectively. So far 2294145(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 167908.87 crore.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 291.85 on 05-Aug-2015 and a 52 week low of Rs. 148.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 218.7 and Rs. 202.55 respectively.
The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 27.88 % and 10.07 % respectively.
The stock is currently trading above its 200 DMA.
State Bank of India has informed BSE that a meeting of the Executive Committee of the Central Board of the Bank is scheduled to be held on June 29, 2016 at Mumbai to consider the status and decide on long term fund raising in single/multiple tranches up to US$ 1,500 million through a public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during the financial year 2016-17.Stock View:
State Bank of India is currently trading at Rs. 217.9, up by Rs. 1.6 or 0.74% from its previous closing of Rs. 216.3 on the BSE.
The scrip opened at Rs. 217.65 and has touched a high and low of Rs. 218.7 and Rs. 216.55 respectively. So far 2294145(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 167908.87 crore.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 291.85 on 05-Aug-2015 and a 52 week low of Rs. 148.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 218.7 and Rs. 202.55 respectively.
The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 27.88 % and 10.07 % respectively.
The stock is currently trading above its 200 DMA.
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