Monday, November 23

Stock market news: SBI shares down 1%

NEW DELHI: Shares of State Bank of India traded 1.02 per cent down in Wednesday’s trade at 10:57AM (IST). Around 714180 shares changed hands on the counter. The stock opened at Rs 199.9 and touched an intraday high and low of Rs 200 and Rs 198, 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.

Financials

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 177465.90 Crore).

State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 179748.84 Crore to Sales Value (69.85 per cent of Total Sales), Income From Investment which contributed Rs 68204.72 Crore to Sales Value (26.50 per cent of Total Sales), Interest which contributed Rs 6449.63 Crore to Sales Value (2.50 per cent of Total Sales) and Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 2920.41 Crore to Sales Value (1.13 per cent of Total Sales)for the year ending 31-Mar-2020.

Promoter holding

Promoters held 56.92 per cent stake in the company as of quarter ended 31st Jun 2020.

Valuation ratio

It quoted a price-to-earnings ratio of 8.21 and price to book value of 0.77.
Credit: Stocks-Markets-Economic Times

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