State Bank of India is an India-based banking and financial services provider. The Company is engaged in providing a wide range of products and services to individuals, commercial enterprise... Read More
Figures of Market Capital(Mar Cap), Quaterly Net Profit(NP Qtr) and Quaterly Sales(Sales Qtr) are in ₹ Cr.
MORE ABOUT State Bank of India
DINESH KUMAR KHARA
Executive Chairman
B Venugopal
Director(Shareholders)
Challa Sreenivasulu Setty
Managing Director
Ganesh G Natarajan
Director
Ketan S Vikamsey
Director
Mrugank M Paranjape
Director
Ashwini Kumar Tewari
Managing Director
Anil Kumar Sharma
Nominee (RBI)
PRAFULLA PREMSUKH CHHAJED
Non Official Director
Aruna Nitin Dak.
Company Sec. & Compli. Officer
Alok Kumar Choudhary
Managing Director
Vivek Joshi
Nominee
Summary
State Bank of India was incorporated on 01 July 1955. The Government of India nationalized the Imperial Bank of India in year 1955, with Reserve Bank of India taking a 60% stake, and name was changed to State Bank of India. State Bank of India is an Indian multinational, public sector banking and financial services institution. Headquartered in Mumbai, SBI provides a wide range of products and services to individuals, commercial enterprises, large corporate, public bodies, and institutional customers through its various branches and outlets, joint ventures, subsidiaries, and associate companies. The Bank operates in four business segments, namely Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Business. The Treasury segment includes the investment portfolio and trading in foreign exchange contracts and derivative contracts. The Corporate/ Wholesale Banking segment comprises the lending activities of Corporate Accounts Group, Mid Corporate Accounts Group and Stressed Assets Management Group. The Retail Banking segment consists of branches in National Banking Group, which primarily includes personal banking activities, including lending activities to corporate customers having banking relations with branches in the National Banking Group. SBI provides a range of banking products through their vast network of branches in India and Overseas, including products aimed at NRIs. The State Bank Group, with over 22,266 branches, has the largest banking branch... Read More
What is the upper circuit limit and lower circuit limit for the stock of SBI?
In order to prevent excessive volatility and price manipulation, stock exchanges have an upper and lower circuit limit for each stock that is listed. The upper circuit limit is the maximum percentage price increase in a stock allowed in a day. If the price of the stock increases by upper circuit limit on a given day, then trading on the stock is halted for some time. Usually, it is halted for the remainder of the day.
So if the upper circuit limit on a stock is 10%, and the price of the stock is Rs 100 at the start of the day, then upper circuit limit is touched if the stock price increases to Rs 110. Trading in the stock will be stopped as soon as the price touches Rs 110. Trading in the stock will be resumed after some time, such as after few minutes, or on the next day. Lower circuit limit is the highest percentage drop that is allowed in a stock on a day. As soon as the stock price drops by this percentage, lower circuit limit is touched. Trading in the stock is then halted for some time. Upper circuit limit and lower circuit limit vary from stock to stock. They usually fall in the range of 2% to 20%. Upper circuit and lower circuit limits for the SBI stock also fall within this range.
What is meant by net interest income, in the context of SBI?
SBI is a banking company. It raises money from depositors and then lends this money to borrowers. The difference between the interest that it pays to the depositors and the interest that it charges from borrowers is its net interest income (NII). For SBI, NII is its biggest source of income. NII margin is its NII as a percentage of its average total assets.
What are some of the important metrics on which the stock of SBI can be analyzed?
Some of the parameters or metrics on which stock of SBI can be analyzed are earnings per share, dividend per share, Return on Equity (ROE), Return on Capital Employed (ROCE), Net Interest Income (NII), Net Interest Margin etc.
What is the P/E ratio of the stock of SBI?
P/E is the price-to-earnings ratio. It is the ratio of price of the stock to its earnings per share. Both the price of stock and its earnings per share keep on changing. Therefore, the P/E ratio of a stock also keeps on changing. Currently (on 26th June 2023, at 3:04 p.m.) the P/E ratio of SBI stock is approximately 8.94.
What is the market capitalization of SBI?
Market capitalization of a company is the product of its market price per share and number of shares outstanding. Since market price of a stock keeps on changing, its market capitalization also keeps on changing.
What is the stock price of SBI?
Like any other stock, the stock price of SBI keeps on changing. Currently (on 26th June, 2023, 2:26 p.m.) it is Rs 556.40 per share.
How to buy the stock of SBI?
The stock of SBI is listed at both NSE and BSE. You can buy the stock of SBI through a stockbroker such as IIFL Securities. You need to have a demat and trading account with the stock broker to do so.
What is the 52-week low price of the stock of SBI?
The 52- week low price of the stock of SBI, as on 27 th June, 2023, is Rs. 458.
What is the 52-week high price of the stock of SBI?
The 52-week high price of the stock of SBI, as on 27 th June, 2023 is Rs. 629.55.
What is today’s closing price of SBI stock?
SBI’s stock closed today, 27 th June, 2023, at a price of Rs. 567.30.
What is today’s opening price of SBI stock?
SBI’s stock opened today, 27 th June, 2023, at a price of Rs. 558.25.
What is today’s High and Low price of SBI stock?
The High price that the stock of SBI touched today, 27 th June, 2023, is Rs 567.30. The day’s Low price that the stock of SBI touched today, 27 th June, 2023, is Rs 555.65.
When is a good time to buy SBI stock?
Like any other stock, the good time to buy SBI stock is when it is trading at cheaper valuations i.e., it is trading at a low P/E ratio.
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