SBI slips ahead of FY13 results

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Capital Market
Last Updated : May 23 2013 | 11:30 AM IST

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.

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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First Published: May 23 2013 | 11:21 AM IST

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