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State Bank of India soars 3.59%, Gains for third straight session

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State Bank of India is quoting at Rs 237.9, up 3.59% on the day as on 12:49 IST on the NSE. The stock is down 26.82% in last one year as compared to a 8.11% gain in NIFTY and a 6.73% gain in the Nifty Bank index.

State Bank of India is up for a third straight session in a row. The stock is quoting at Rs 237.9, up 3.59% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 12848.9. The Sensex is at 43869.49, up 0.53%. State Bank of India has added around 16.62% in last one month.

Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has added around 19.12% in last one month and is currently quoting at 28594.3, up 1.09% on the day. The volume in the stock stood at 474.38 lakh shares today, compared to the daily average of 632.31 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 237.4, up 3.4% on the day. State Bank of India is down 26.82% in last one year as compared to a 8.11% gain in NIFTY and a 6.73% gain in the Nifty Bank index.

The PE of the stock is 13.85 based on TTM earnings ending September 20.

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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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First Published: Tue, November 17 2020. 13:06 IST
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