Stock market news: SBI share price gains nearly 2%

Stock market news: SBI share price gains nearly 2%
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Synopsis

Shares of State Bank of India traded 1.66 per cent up in trade at 12:26PM on Wednesday.

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 1.66 per cent up in Wednesday's trade at 12:26PM (IST). Around 2585298 shares changed hands on the counter. The stock opened at Rs 396.65 and touched an intraday high and low of Rs 406.5 and Rs 395.2, 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 that has a market cap of Rs 359572.60 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 15.49 and price to book value of 0.77.

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