COMPANY QUOTE

details
Share Market News
State Bank of India is currently trading at Rs. 183.50, up by 1.90 points or 1.05% from its previous closing of Rs. 181.60 on the BSE.The scrip opened at Rs. 192.50 and has touched a high and low of Rs. 192.50 and Rs. 173.60 respectively. So far 1593768 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 173.60 on 24-Mar-2020.Last one week high and low of the scrip stood at Rs. 223.80 and Rs. 173.60 respectively. The current market cap of the company is Rs. 160910.75 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India (SBI) has launched an emergency credit line to provide some degree of relief to its the borrowers whose operations are impacted by Covid-19. The credit line is open for all standard accounts which have not been classified as SMA 1 or 2 as on March 16, 2020 are eligible to avail this credit line. Borrowers can maximum avail 10 per cent of the existing fund based working capital limits, subject to a cap of Rs 200 crore. SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 210.00, up by 6.15 points or 3.02% from its previous closing of Rs. 203.85 on the BSE.The scrip opened at Rs. 205.45 and has touched a high and low of Rs. 215.60 and Rs. 200.10 respectively. So far 2912071 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 184.25 on 13-Mar-2020.Last one week high and low of the scrip stood at Rs. 231.35 and Rs. 198.20 respectively. The current market cap of the company is Rs. 191656.03 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India (SBI) is mulling to seek the extension of approval accorded by Central Board for raising Equity Capital from market up to Rs 20,000 crore till March 31, 2021 subject to the approval of shareholders, RBI and GoI. The meeting of the Central Board of the bank is scheduled to be held on March 27, 2020, to consider the extension of approval.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 215.55, up by 0.65 points or 0.30% from its previous closing of Rs. 214.90 on the BSE.The scrip opened at Rs. 220.85 and has touched a high and low of Rs. 223.80 and Rs. 215.50 respectively. So far shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 184.25 on 13-Mar-2020.Last one week high and low of the scrip stood at Rs. 248.95 and Rs. 184.25 respectively. The current market cap of the company is Rs. 191789.90 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India (SBI) has acquired over 6.82 percent stake in Zero Mass in a share transfer purchase agreement. Zero Mass (formerly Zero Microfinance and Savings Support) is a business correspondent and business facilitator.The deal is to be completed by March 31, 2020. SBI will get 6,825 equity shares, which is 6.825 per cent of the target company (Zero Mass), which had a turnover of Rs 97 crore in 2018-19. It is a part of the negotiated deal consideration where SBI sold its entire stake in A Little World to the target company Zero Mass.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 220.95, down by 24.25 points or 9.89% from its previous closing of Rs. 245.20 on the BSE.The scrip opened at Rs. 232.70 and has touched a high and low of Rs. 232.70 and Rs. 219.50 respectively. So far 2191935 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 219.50 on 11-Mar-2020.Last one week high and low of the scrip stood at Rs. 274.35 and Rs. 219.50 respectively. The current market cap of the company is Rs. 199108.08 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India (SBI) has scrapped the minimum balance requirement on all savings bank accounts. The bank also rationalized interest rate on all savings bank accounts to a flat 3 per cent. The lender has also waived SMS charges, which will provide a significant relief to all its customers.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 320.65, up by 0.15 points or 0.05% from its previous closing of Rs. 320.50 on the BSE.The scrip opened at Rs. 320.00 and has touched a high and low of Rs. 322.80 and Rs. 318.00 respectively. So far 107140 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 325.00 and Rs. 295.50 respectively. The current market cap of the company is Rs. 286033.80 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.Hero Electric has joined hand with State Bank of India (SBI) to provide dealer network inventory financing solutions. This partnership will allow Hero Electric to widen its reach in the country, thereby extending its pan India customer base.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 317.95, up by 7.25 points or 2.33% from its previous closing of Rs. 310.70 on the BSE.The scrip opened at Rs. 313.65 and has touched a high and low of Rs. 321.60 and Rs. 308.70 respectively. So far 2515254 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 321.90 and Rs. 305.70 respectively. The current market cap of the company is Rs. 284471.99 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India has reported 41.18% rise in its net profit at Rs 5,583.36 crore for the quarter ended December 31, 2019 as compared to Rs 3,954.81 crore for the same quarter in the previous year. Total income of the bank increased by 9.22% at Rs 76,797.91 crore for Q3FY20 as compared Rs 70,311.84 crore for the corresponding quarter previous year.On the consolidated basis, the bank has reported a rise of 40.93% in its net profit at Rs 6,797.25 crore for the quarter ended December 31, 2019 as compared to Rs 4,823.29 crore for the same quarter in the previous year. Total income of the bank increased by 13.03% at Rs 95,384.28 crore for Q3FY20 as compared Rs 84,390.14 crore for the corresponding quarter previous year.
The revenue zoomed 8.70% to Rs. 676919.90 millions for the quarter ended December 2019 as compared to Rs. 622766.10 millions during the corresponding quarter last year.A comparatively good net profit growth of 41.18% to Rs. 55833.60 millions was reported for the quarter ended December 2019 compared to Rs. 39548.10 millions of previous same quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Interest Earned 676919.90 622766.10 8.70 1946421.90 1798832.70 8.20 2428686.50 2204993.10 10.14 Other Income 91059.20 80352.30 13.32 256597.30 225292.20 13.90 352143.40 391645.20 -10.09 Interest Expended 399132.00 395856.20 0.83 1193242.90 1144882.30 4.22 1545197.80 1456456.00 6.09 Operating Expenses 186621.50 186621.50 3.10 547944.50 509818.80 7.48 696877.30 599434.50 16.26 Operating Profit 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Prov.& Contigencies 72529.00 60062.20 20.76 295747.70 373266.50 -20.77 538285.50 750391.90 -28.27 Tax 53863.00 26639.20 102.19 91854.20 11524.50 697.03 7452.50 -89807.90 -108.30 PAT 55833.60 39548.10 41.18 109072.90 238.30 45671.25 8622.30 -65474.50 -113.17 Equity 8924.60 8924.60 0.00 8924.60 8924.60 0.00 8924.60 8924.60 0.00 OPM 26.92 20.27 32.79 23.73 20.54 15.53 22.18 24.52 -9.55
State Bank of India (SBI) is currently trading at Rs. 325.20, up by 1.00 points or 0.31% from its previous closing of Rs. 324.20 on the BSE.The scrip opened at Rs. 325.50 and has touched a high and low of Rs. 326.80 and Rs. 324.20 respectively. So far 15779 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 337.75 and Rs. 322.40 respectively. The current market cap of the company is Rs. 289335.91 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India (SBI) has approved divestment of entire equity stake of 1 crore equity shares of Rs 10 each (7.41%) held by Bank in Equifax Credit Information Services (ECIS). The Share purchase Agreement (SPA) has been executed between the parties to the transaction on January 15, 2020. The shares will be sold at a price of Rs 67.43 per equity share to be increased as per the terms of the share purchase agreement. The indicative time period for completion of the transaction is Q4FY20.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 328.15, up by 8.30 points or 2.59% from its previous closing of Rs. 319.85 on the BSE.The scrip opened at Rs. 325.30 and has touched a high and low of Rs. 328.20 and Rs. 325.00 respectively. So far 402057 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 338.00 and Rs. 311.00 respectively. The current market cap of the company is Rs. 291343.94 crore.The promoters holding in the company stood at 57.68%, while Institutions and Non-Institutions held 35.54% and 6.78% respectively.State Bank of India (SBI) has launched Residential Builder Finance with Buyer Guarantee (RBBG) to safeguard home buyers financially by issuing guarantee for completion of projects to customers availing SBI Home Loans. RBBG will focus on affordable housing segment with home price of upto Rs 2.50 crore in seven Indian geographies initially.Under this product, all reputed builders fulfilling the prescribed criteria by the bank can avail loan between Rs 50 crore to Rs 400 crore. Criteria includes Star rating and CIBIL score.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 337.65, up by 7.80 points or 2.36% from its previous closing of Rs. 329.85 on the BSE.The scrip opened at Rs. 333.60 and has touched a high and low of Rs. 338.30 and Rs. 333.05 respectively. So far 656426 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 338.70 and Rs. 328.05 respectively. The current market cap of the company is Rs. 301294.89 crore.The promoters holding in the company stood at 57.88%, while Institutions and Non-Institutions held 35.23% and 6.89% respectively.State Bank of India (SBI) is going to introduce one time password (OTP) based cash withdrawal system to help protect its customers from unauthorised transactions at ATMs. The OTP-based cash withdrawal system shall be active across all SBI ATMs with effective from January 01, 2020 between 8 pm to 8 am. SBI`s OTP-based cash withdrawal facility will be applicable for transactions above Rs 10,000.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India is currently trading at Rs. 332.90, up by 1.10 points or 0.33% from its previous closing of Rs. 331.80 on the BSE.The scrip opened at Rs. 333.50 and has touched a high and low of Rs. 335.65 and Rs. 330.75 respectively. So far 894255 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 337.30 and Rs. 308.10 respectively. The current market cap of the company is Rs. 295627.76 crore.The promoters holding in the company stood at 57.88%, while Institutions and Non-Institutions held 35.23% and 6.89% respectively.State Bank of India (SBI) has inked a loan agreement with KfW, the German development bank, for $277 million (about Rs 1,958 crore) for establishing an energy-efficient housing programme in India. The facility has been signed after an agreement on financial cooperation between the two governments in October.The programme will be a part of Indo-German Development Cooperation which is guided by the 2030 Agenda for Sustainable Development. Under the programme, both builders and home buyers will be financed for developing and purchasing energy-efficient residential projects that achieve at least 25 per cent energy savings in comparison to standard reference buildings.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
State Bank of India (SBI) is currently trading at Rs. 312.35, down by 1.10 points or 0.35% from its previous closing of Rs. 313.45 on the BSE.The scrip opened at Rs. 311.75 and has touched a high and low of Rs. 315.60 and Rs. 308.10 respectively. So far 1248645 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 373.70 on 18-Jul-2019 and a 52 week low of Rs. 244.35 on 09-Oct-2019.Last one week high and low of the scrip stood at Rs. 344.35 and Rs. 308.10 respectively. The current market cap of the company is Rs. 278715.62 crore.The promoters holding in the company stood at 57.88%, while Institutions and Non-Institutions held 35.23% and 6.89% respectively.State Bank of India (SBI) has reported about Rs 12,000 crore divergence in their bad loans for the last fiscal (FY19). As per the assessment done by the Reserve Bank of India (RBI), the gross NPA of SBI was Rs 11,932 crore more at Rs 1,84,682 crore as against Rs 1,72,750 crore reported by the bank for 2018-19. Similarly, the net NPA was Rs 77,827 crore as compared to disclosed figure of Rs 65,895 crore, reflecting divergence of Rs 11,932 crore.As a result the bank has to make additional provisioning of Rs 12,036 crore in the balance sheet and the notional loss would have been at Rs 6,968 crore.SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.