SBI share price has zoomed 11% and is presently trading at Rs 236.
Meanwhile, the BSE BANKEX Index is at 28,313 (up 1.6%).
Among the top Gainers in the BSE BANKEX Index today is SBI (up 10.8%).
HDFC BANK (down 0.6%) and CITY UNION BANK (down 2.3%) are among the top losers today.
Over the last one year, SBI has moved down from Rs 286 to Rs 236, registering a loss of Rs 51 (down 17.7%).
On the other hand, the BSE BANKEX has moved down from 31,903 to 28,313, loss of 3,590 points (down 12.1%) during the last 12 months.
The top gainers among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 16.3%) and ICICI BANK (up 10.6%).
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 33,350 (up 0.9%).
The top gainers among the BSE Sensex stocks today are SBI (up 10.8%), SUN PHARMA (up 8.1%) and HDFC (up 5.3%). Other gainers include BHARTI AIRTEL (up 3.2%) and TATA STEEL (up 3.1%). The most traded stocks in the BSE Sensex are SBI and ICICI BANK.
In the meantime, NSE Nifty is at 9,750 (up 1.0%). SBI (up 12.2%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,536 to 33,350, registering a loss of 4,186 points (down 11.9%).
SBI net profit stood at Rs 56 billion for the quarter ended December 2019, compared to a profit of Rs 40 billion a year ago. Operating income rose 8.7% to Rs 676.9 billion during the period as against Rs 622.8 billion in October-December 2018.
For the year ended March 2019, SBI reported 173.3% decrease in net profit to Rs 30.7 billion compared to net profit of Rs 41.9 billion during FY18.
Revenue of the company grew 10.6% to Rs 2,533 billion during FY19.
The current Price to earnings ratio of SBI, based on rolling 12 month earnings, stands at 17.9x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
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