State Bank of India rose 0.19% to Rs 184.10 at 13:40 IST on BSE after net profit declined 66.22% to Rs 1263.81 crore on 10.1% growth in total income to Rs 53526.97 crore in Q4 March 2016 over Q4 March 2015.
The result was announced during market hours today, 27 May 2016.Meanwhile, the S&P BSE Sensex was up 203.26 points or 0.77% at 26,569.94.
On BSE, so far 60.81 lakh shares were traded in the counter as against average daily volume of 25.16 lakh shares in the past one quarter. The stock was volatile. The stock rose as much as 3.4% at the day's high of Rs 190 so far during the day. The stock lost as much as 1.19% at the day's low of Rs 181.55 so far during the day. The stock had hit a 52-week high of Rs 291.85 on 5 August 2015. The stock had hit a 52-week low of Rs 148.30 on 12 February 2016. The stock had underperformed the market over the past one month till 26 May 2016, sliding 8.51% compared with Sensex's 1.38% rise. The scrip had, however, outperformed the market in past one quarter, surging 17.6% as against Sensex's 13.87% rise.
The large-cap state-run bank has equity capital of Rs 776.28 crore. Face value per share is Rs 1.
The Government of India holds 60.18% stake in State Bank of India as per the shareholding pattern as on 31 March 2016.
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