State Bank of India fell 2.17% to Rs 276.95 at 12:48 IST on BSE after net profit rose 10.25% to Rs 3692.43 crore on 9.79% growth in total income to Rs 44730.87 crore in Q1 June 2015 over Q1 June 2014.
The Q1 result was announced during market hours today, 11 August 2015.
Meanwhile, the S&P BSE Sensex was down 142.76 points or 0.51% at 27,958.96.
On BSE, so far 26.39 lakh shares were traded in the counter as against average daily volume of 15.75 lakh shares in the past one quarter.
The stock was volatile. The stock fell as much as 2.77% at the day's low of Rs 275.25 so far during the day. The stock rose as much as 2.26% at the day's high of Rs 289.50 so far during the day. The stock had hit a 52-week high of Rs 335.90 on 28 January 2015. The stock had hit a 52-week low of Rs 234.52 on 8 October 2014.
The stock had outperformed the market over the past one month till 10 August 2015, surging 4.66% compared with the Sensex's 1.59% rise. The scrip had also outperformed the market in past one quarter, jumping 8.14% as against Sensex's 3.68% rise.
The large-cap public sector bank has equity capital of Rs 756.62 crore. Face value per share is Re 1.
Government of India holds 59.15% stake in State Bank of India (as per the shareholding pattern as on 30 June 2015).
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