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State Bank of India soars 3.74%, up for third straight session

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State Bank of India is quoting at Rs 197, up 3.74% on the day as on 12:54 IST on the NSE. The stock is down 36.2% in last one year as compared to a 23.82% fall in NIFTY and a 32.33% fall in the Nifty Bank index.

State Bank of India rose for a third straight session today. The stock is quoting at Rs 197, up 3.74% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 4.83% on the day, quoting at 8719.2. The Sensex is at 30053.01, up 5.32%. State Bank of India has dropped around 38.81% in last one month.

Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has dropped around 32.71% in last one month and is currently quoting at 18481.05, up 9.92% on the day. The volume in the stock stood at 742.93 lakh shares today, compared to the daily average of 855.84 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 197, up 2.98% on the day. State Bank of India is down 36.2% in last one year as compared to a 23.82% fall in NIFTY and a 32.33% fall in the Nifty Bank index.

The PE of the stock is 17.52 based on TTM earnings ending December 19.

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

First Published: Thu, March 26 2020. 13:05 IST
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