State Bank of India rose 0.31% to Rs 2664.55 at 9:16 IST on BSE after the bank said it has fixed 21 November 2014 as record date for 10-for-1 stock split.
The announcement was made after market hours yesterday, 28 October 2014.
Meanwhile, the S&P BSE Sensex was up 124.65 points or 0.46% at 27,005.47.
On BSE, so far 7,002 shares were traded in the counter as against average daily volume of 2.24 lakh shares in the past two weeks.
The stock hit a high of Rs 2,678 and a low of Rs 2,661.10 so far during the day.
State Bank of India (SBI)'s net profit rose 3.3% to Rs 3349.08 crore on 12.6% growth in total income to Rs 40739.21 crore in Q1 June 2014 over Q1 June 2013.
The Government of India holds 58.6% stake in SBI (as per the shareholding pattern as on 30 June 2014).
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