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SBI gains after reporting strong Q4 numbers

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Capital Market
Last Updated : May 22 2015 | 2:02 PM IST

State Bank of India gained 3.84% to Rs 300.45 at 13:35 IST on BSE after net profit rose 23.06% to Rs 3742.02 crore 14.54% rise in total income to Rs 48616.41 crore in Q4 March 2015 over Q4 March 2014.

The company announced results during market hours today, 22 May 2015.

Meanwhile, the S&P BSE Sensex was up 235.30 points or 0.85% at 28,044.65.

On BSE, so far 43.49 lakh shares were traded in the counter as against average daily volume of 17.07 lakh shares in the past one quarter.

The stock hit a high of Rs 305 and low of Rs 290.10 so far during the day. The stock had hit a 52-week high of Rs 335.90 on 28 January 2015. The stock had hit a 52-week low of Rs 234.52 on 8 October 2014.

The stock had underperformed the market over the past one month till 21 May 2015, rising 0.1% compared with Sensex's 0.48% rise. The scrip had however outperformed the market in past one quarter, dropping 4.27% as against Sensex's 4.86% fall.

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The large-cap public sector bank has equity capital of Rs 756.62 crore. Face value per share is Re 1.

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First Published: May 22 2015 | 1:23 PM IST

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