SBI Share Price Down by 6%; BSE BANKEX Index Down 4.3%
Mon, 12 Apr 11:20 AM

SBI share price has plunged 6% and is presently trading at Rs 345.

Meanwhile, the BSE BANKEX Index is at 35,831 (down 4.3%).

Among the top losers in the BSE BANKEX Index today are SBI (down 6.5%) and INDUSIND BANK (down 7.6%).

Over the last one year, SBI has moved up from Rs 183 to Rs 345, registering a gain of Rs 162 (up 88.4%)..

The BSE BANKEX has moved up from 21,698 to 35,831, registering a gain of 14,133 points (up 65.1%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were INDUSIND BANK (up 114.0%), SBI (up 80.5%) and FEDERAL BANK (up 78.6%).

Revealed: 3 Stocks for Potentially Massive Gains

What About the Benchmark Indices?

The BSE Sensex is at 48,957 (down 2.8%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 0.3%) and NESTLE (up 0.1%). The most traded stocks in the BSE Sensex are SUN PHARMA and NESTLE.

In the meantime, NSE Nifty is at 14,652 (down 2.7%). CIPLA (up 6.3%) and DR. REDDYS LAB (up 3.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 29,894 to 48,957, registering a gain of 19,063 points (up 61.30%).

SBI Financial Update...

SBI net profit down at Rs 52 billion for the quarter ended December 2020, compared to a loss of Rs 56 billion a year ago. Operating income declined 1.4% to Rs 667.3 billion during the period as against Rs 676.9 billion in October-December 2019.

For the year ended March 2020, SBI reported 492.3% increase in net profit to Rs 181.8 billion compared to net profit of Rs 30.7 billion during FY19.

Revenue of the company grew 6.5% to Rs 2,699 billion during FY20.

The current Price to earnings ratio of SBI, based on rolling 12 month earnings, stands at 16.8x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Apr 12, 2021 12:30 pm

Share markets in India are presently trading on a negative note. The BSE Sensex is trading down by 1,685 points, down 3.4% at 47,905 levels.

Apr 12, 2021 10:00 AM

RAIN INDUSTRIES share price is trading down by 6% and its current market price is Rs 164. The BSE 500 is down by 2.6%. The top gainers in the BSE 500 Index are JUBILANT PHARMOVA (up 6.2%) and IPCA LABS (up 5.3%). The top losers are RAIN INDUSTRIES (down 5.8%) and BAJAJ FINANCE (down 5.1%).

Apr 12, 2021 09:30 am

Indian share markets open deep in the red. The BSE Sensex opened down by 1,395 points, while the Nifty is trading lower by 431 points.

Apr 12, 2021 09:39 AM

VOLTAS share price is trading down by 6% and its current market price is Rs 994. The BSE CONSUMER DURABLES is down by 4.0%. The top losers are VOLTAS (down 6.2%) and SYMPHONY (down 5.9%).

Apr 12, 2021 09:39 AM

VA TECH WABAG share price is trading down by 7% and its current market price is Rs 254. The BSE CAPITAL GOODS is down by 3.7%. The top losers are VA TECH WABAG (down 6.9%) and HEG (down 7.8%).

Apr 12, 2021 09:39 AM

SHRIRAM TRANSPORT share price is trading down by 8% and its current market price is Rs 1,412. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are GSK CONSUMER (up 5.1%) and JUBILANT PHARMOVA (up 5.0%). The top losers are SHRIRAM TRANSPORT (down 8.0%) and BAJAJ FINANCE (down 6.4%).

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