Don’t miss the latest developments in business and finance.

State Bank of India in demand

Image
Capital Market
Last Updated : Oct 22 2019 | 1:31 PM IST

State Bank of India is quoting at Rs 274.1, up 1.65% on the day as on 12:49 IST on the NSE. The stock is up 7.22% in last one year as compared to a 14.9% spurt in NIFTY and a 18.48% spurt in the Nifty Bank index.

State Bank of India gained for a third straight session today. The stock is quoting at Rs 274.1, up 1.65% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11658.85. The Sensex is at 39250.47, down 0.12%. State Bank of India has slipped around 12.64% in last one month.

Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has slipped around 3.2% in last one month and is currently quoting at 29120.25, up 1.6% on the day. The volume in the stock stood at 162.7 lakh shares today, compared to the daily average of 474.49 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 274.6, up 1.85% on the day. State Bank of India is up 7.22% in last one year as compared to a 14.9% spurt in NIFTY and a 18.48% spurt in the Nifty Bank index.

The PE of the stock is 33.25 based on TTM earnings ending June 19.

Powered by Capital Market - Live News

Also Read

First Published: Oct 22 2019 | 1:05 PM IST

Next Story