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    Stock market news: SBI share price rises nearly 2%

    Synopsis

    Shares of State Bank of India traded 1.58 per cent up in trade at 12:18PM on Tuesday.

    Agencies
    The stock quoted a 52-week high of Rs 422.75 and a 52-week low of Rs 150.2.

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    NEW DELHI: Shares of traded 1.58 per cent up in Tuesday's trade at 12:18PM (IST). Around 1854933 shares changed hands on the counter. The stock opened at Rs 392.0 and touched an intraday high and low of Rs 399.65 and Rs 389.0, respectively, in the session so far.

    The stock quoted a 52-week high of Rs 422.75 and a 52-week low of Rs 150.2.

    Financials
    State Bank of India, incorporated in the year 1955, is a banking company has a market cap of Rs 3,55,824.26 Crore.

    State Bank of India key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2020.

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

    Valuation ratio
    It quoted a price-to-earnings ratio of 15.21 and price to book value of 0.77.
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