Trending stocks: SBI shares down 3% in early session
Shares of State Bank of India traded 3.02 per cent down in trade at 09:57AM on Friday.
By ETMarkets.com | Updated:
BCCL
The stock quoted a 52-week high of Rs 373.8 and a 52-week low of Rs 150.2.
NEW DELHI: Shares of State Bank of India traded 3.02 per cent down in Friday's trade at 09:57AM (IST).
Around 978758 shares changed hands on the counter. The stock opened at Rs 170.7 and touched an intraday high and low of Rs 173.15 and Rs 170.0, respectively, in the session so far.
The stock quoted a 52-week high of Rs 373.8 and a 52-week low of Rs 150.2.
State Bank of India (SBI), the country's largest lender, will divest over 2 per cent stake for at least Rs 1,522.50 crore in its subsidiary SBI Life to comply with the minimum public shareholding (MPS) norms, and will also decide on raising long-term fund up to $1.5 billion through bonds.
Financials
State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 167604.20 Crore).
State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 161640.23 Crore to Sales Value (66.55 % of Total Sales), Income From Investment which contributed Rs 74406.16 Crore to Sales Value (30.63 % of Total Sales) and Interest which contributed Rs 5643.19 Crore to Sales Value (2.32 % of Total Sales)for the year ending 31-Mar-2019.
Promoters held 56.92 per cent stake in the company as of quarter ended 31st Mar 2020.
Valuation ratio
It quoted a price-to-earnings ratio of 7.77 and price to book value of 0.64.
Around 978758 shares changed hands on the counter. The stock opened at Rs 170.7 and touched an intraday high and low of Rs 173.15 and Rs 170.0, respectively, in the session so far.
The stock quoted a 52-week high of Rs 373.8 and a 52-week low of Rs 150.2.
State Bank of India (SBI), the country's largest lender, will divest over 2 per cent stake for at least Rs 1,522.50 crore in its subsidiary SBI Life to comply with the minimum public shareholding (MPS) norms, and will also decide on raising long-term fund up to $1.5 billion through bonds.
Financials
State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 167604.20 Crore).
State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 161640.23 Crore to Sales Value (66.55 % of Total Sales), Income From Investment which contributed Rs 74406.16 Crore to Sales Value (30.63 % of Total Sales) and Interest which contributed Rs 5643.19 Crore to Sales Value (2.32 % of Total Sales)for the year ending 31-Mar-2019.
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Promoter holding Promoters held 56.92 per cent stake in the company as of quarter ended 31st Mar 2020.
Valuation ratio
It quoted a price-to-earnings ratio of 7.77 and price to book value of 0.64.
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