Meanwhile, the BSE Sensex was down 264.84 points, or 1.32%, to 19,797.40.
On BSE, 2.32 lakh shares were traded in the counter as against an average daily volume of 3.66 lakh shares in the past one quarter.
The stock hit a high of Rs 2,354.80 and a low of Rs 2,285.15 so far during the day. The stock had hit a 52-week high of Rs 2,550 on 10 January 2013. The stock had hit a 52-week low of Rs 1,816.20 on 30 August 2012.
The stock had underperformed the market over the past one month till 22 May 2013, sliding 1.74% compared with the Sensex's 4.66% rise. The scrip had, however, outperformed the market in past one quarter, rising 7.64% as against Sensex's 3.86% rise.
The large-cap state-run bank has equity capital of Rs 684.03 crore. Face value per share is Rs 10.
State Bank of India's (SBI) net profit rose 4.1% to Rs 3396.06 crore on 14.1% growth in total income to Rs 33992.11 crore in Q3 December 2012 over Q3 December 2011.
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SBI is India's biggest commercial bank in terms of branch network. The Government of India (GoI) holds 62.31% stake in SBI (as per the shareholding pattern as on 31 March 2013).
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