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SBI gains after robust Q4 results

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of rose 2.08% to Rs 309.25 at 12:44 on after net profit rose 122.72% to Rs 2814.82 crore on 7.83% increase in total to Rs 57720.10 crore in Q4 March 2017 over Q4 March 2016.

The result was announced during trading hours today, 19 May 2017.

Meanwhile, the S&P Sensex was down 22.74 points, or 0.07% to 30,412.05.

On the BSE, 18.57 lakh shares were traded in the counter so far, compared with average daily volumes of 19.79 lakh shares in the past one quarter. The stock had hit a high of Rs 310.70 and a low of Rs 302.20 so far during the day.

The stock hit a 52-week high of Rs 309.85 on 19 May 2017. The stock hit a 52-week low of Rs 166.60 on 24 May 2016.

The stock had outperformed the market over the past one month till 18 May 2017, rising 6.60% compared with 3.74% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 12.70% as against Sensex's 6.91% rise.

The large-cap company has equity capital of Rs 810.99 crore. Face value per share is Re 1.

State of India's (SBI) gross non-performing assets (NPAs) stood at Rs 112342.99 crore as on 31 March 2017 as against Rs 108172.32 crore as on 30 December 2016 and Rs 98172.80 crore as on 31 March 2016.

The ratio of gross NPAs to gross advances stood at 6.90% as on 31 March 2017 as against 7.23% as on 31 December 2016 and 6.50% as on 31 March 2016.

The ratio of net NPAs to net advances stood at 3.71% as on 31 March 2017 as against 4.24% as on 31 December 2016 and 3.81% as on 31 March 2016.

The bank's provisions and contingencies fell 10.88% to Rs 11740.09 crore in Q4 March 2017 over Q4 March 2016. Of this, provisions for NPAs fell 9.44% to Rs 10992.92 crore in Q4 March 2017 over Q4 March 2016.

Provision coverage ratio of the was at 65.95% as on 31 March 2017.

Government of holds 61.23% stake in of (SBI) (as on 31 March 2017).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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SBI gains after robust Q4 results

State Bank of India rose 2.08% to Rs 309.25 at 12:44 IST on BSE after net profit rose 122.72% to Rs 2814.82 crore on 7.83% increase in total income to Rs 57720.10 crore in Q4 March 2017 over Q4 March 2016.

of rose 2.08% to Rs 309.25 at 12:44 on after net profit rose 122.72% to Rs 2814.82 crore on 7.83% increase in total to Rs 57720.10 crore in Q4 March 2017 over Q4 March 2016.

The result was announced during trading hours today, 19 May 2017.

Meanwhile, the S&P Sensex was down 22.74 points, or 0.07% to 30,412.05.

On the BSE, 18.57 lakh shares were traded in the counter so far, compared with average daily volumes of 19.79 lakh shares in the past one quarter. The stock had hit a high of Rs 310.70 and a low of Rs 302.20 so far during the day.

The stock hit a 52-week high of Rs 309.85 on 19 May 2017. The stock hit a 52-week low of Rs 166.60 on 24 May 2016.

The stock had outperformed the market over the past one month till 18 May 2017, rising 6.60% compared with 3.74% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 12.70% as against Sensex's 6.91% rise.

The large-cap company has equity capital of Rs 810.99 crore. Face value per share is Re 1.

State of India's (SBI) gross non-performing assets (NPAs) stood at Rs 112342.99 crore as on 31 March 2017 as against Rs 108172.32 crore as on 30 December 2016 and Rs 98172.80 crore as on 31 March 2016.

The ratio of gross NPAs to gross advances stood at 6.90% as on 31 March 2017 as against 7.23% as on 31 December 2016 and 6.50% as on 31 March 2016.

The ratio of net NPAs to net advances stood at 3.71% as on 31 March 2017 as against 4.24% as on 31 December 2016 and 3.81% as on 31 March 2016.

The bank's provisions and contingencies fell 10.88% to Rs 11740.09 crore in Q4 March 2017 over Q4 March 2016. Of this, provisions for NPAs fell 9.44% to Rs 10992.92 crore in Q4 March 2017 over Q4 March 2016.

Provision coverage ratio of the was at 65.95% as on 31 March 2017.

Government of holds 61.23% stake in of (SBI) (as on 31 March 2017).

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

SBI gains after robust Q4 results

of rose 2.08% to Rs 309.25 at 12:44 on after net profit rose 122.72% to Rs 2814.82 crore on 7.83% increase in total to Rs 57720.10 crore in Q4 March 2017 over Q4 March 2016.

The result was announced during trading hours today, 19 May 2017.

Meanwhile, the S&P Sensex was down 22.74 points, or 0.07% to 30,412.05.

On the BSE, 18.57 lakh shares were traded in the counter so far, compared with average daily volumes of 19.79 lakh shares in the past one quarter. The stock had hit a high of Rs 310.70 and a low of Rs 302.20 so far during the day.

The stock hit a 52-week high of Rs 309.85 on 19 May 2017. The stock hit a 52-week low of Rs 166.60 on 24 May 2016.

The stock had outperformed the market over the past one month till 18 May 2017, rising 6.60% compared with 3.74% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 12.70% as against Sensex's 6.91% rise.

The large-cap company has equity capital of Rs 810.99 crore. Face value per share is Re 1.

State of India's (SBI) gross non-performing assets (NPAs) stood at Rs 112342.99 crore as on 31 March 2017 as against Rs 108172.32 crore as on 30 December 2016 and Rs 98172.80 crore as on 31 March 2016.

The ratio of gross NPAs to gross advances stood at 6.90% as on 31 March 2017 as against 7.23% as on 31 December 2016 and 6.50% as on 31 March 2016.

The ratio of net NPAs to net advances stood at 3.71% as on 31 March 2017 as against 4.24% as on 31 December 2016 and 3.81% as on 31 March 2016.

The bank's provisions and contingencies fell 10.88% to Rs 11740.09 crore in Q4 March 2017 over Q4 March 2016. Of this, provisions for NPAs fell 9.44% to Rs 10992.92 crore in Q4 March 2017 over Q4 March 2016.

Provision coverage ratio of the was at 65.95% as on 31 March 2017.

Government of holds 61.23% stake in of (SBI) (as on 31 March 2017).

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22