The stock was the top performer among the bluechips on both the indices during afternoon trade.
The country's largest lender SBI today posted multi-fold jump in consolidated net profit at Rs 1,840.43 crore for the second quarter ended on September 30, boosted by sale of its stake in SBI Life Insurance.
Its profit was just Rs 20.70 crore during the same quarter of the last financial year.
On standalone basis, SBI's profit declined by 37.9 per cent to Rs 1,581.55 crore, from Rs 2,538.32 crore on account of rise in bad loans.
As of September 30, the bank's gross NPAs deteriorated to 9.83 per cent of gross advances, compared with 7.14 per cent year a year ago. Similarly, the net NPAs rose to 5.43 per cent from 4.19 per cent.
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