The bank said that the ECCB has approved to dilute up to 5% stake of SBI in SBI Life to a non-promoter entity.
The scrip opened at Rs 254 and touched a high and low of Rs 256.3 and Rs 251.9 respectively. A total of 18303779 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 195544.35 crore.
The BSE group 'A' stock of face value Rs 1 touched a 52 week high of Rs 271.55 on 08-Sep-2016 and a 52 week low of Rs 148.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs 260.2 and Rs 246.1 respectively.
The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 28.64 % and 9.48 % respectively.
The stock traded above its 50 DMA.