State Bank of India jumped 6.31% to Rs 302.35 at 12:43 IST on BSE, after net profit rose 30.24% to Rs 2910.06 crore on 12.07% rise in total income to Rs 43783.98 crore in Q3 December 2014 over Q3 December 2013.
The bank announced Q3 result during market hours today, 13 February 2015.
Meanwhile, the S&P BSE Sensex was up 206.74 points or 0.72% at 29,011.84
On BSE, so far 56.35 lakh shares were traded in the counter as against average daily volume of 19.35 lakh shares in the past one quarter.
The stock hit a high of Rs 303.40 and low of Rs 285.50 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 145.60 on 14 February 2014.
The large-cap public sector bank has equity capital of Rs 746.57 crore. Face value per share is Re 1.
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SBI's ratio of net non-performing assets (NPAs) to net advances stood at 2.8% as on 31 December 2014, compared with 2.73% as on 30 September 2014 and 3.24% as on 31 December 2013.
The bank's ratio of gross NPAs to gross advances stood at 4.9% as on 31 December 2014, compared with 4.89% as on 30 September 2014 and 5.73% as on 31 December 2013.
Provisions and contingencies rose 26.15% to Rs 5234.91 crore in Q3 December 2014 over Q3 December 2013.
The bank's provision coverage ratio stood at 63.56% as on 31 December 2014.
The bank's Capital Adequacy Ratio (CAR) as per Basel III norms stood at 12.03% as on 31 December 2014, compared with 12.33% as on 30 September 2014 and 11.59% as on 31 December 2013.
The Government of India held 58.6% stake in SBI (as per the shareholding pattern as on 31 December 2014).
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