₹821▲0.39%
0.22%
Low
Day's Volatility:0.46%
High
0.24%
33.84%
Low
52 Weeks Volatility:36.11%
High
2.27%
Returns % | |
1 Month Return | + 9.81 % |
3 Month Return | + 7.72 % |
1 Year Return | + 42.43 % |
Market Stats | |
Previous Close | ₹₹817.85 |
Open | ₹₹822.00 |
Volume | ₹9.60L |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹7,29,899.39Cr |
based on 43 analysts
Based on 43 analysts offering long term price targets for State Bank of India. An average target of ₹869.77
Source: S&P Global Market Intelligence
Organisation | State Bank of India |
Headquarters | |
Industry | Banks |
E-voting on shares | Click here to vote |
Key events for State Bank of India
State Bank of India (SBI) has launched cardless ATM withdrawals with YONO Cash, while Dinesh Kumar Khara expressed sadness at the passing of Narayanan Vaghul. Several companies including SBI will trade ex-dividend next week.
SBI Announces Dividend; Launches Cyber Security Awareness Drive - 17 May, 2024
State Bank of India declares a final dividend of ₹13.7 per share for FY 2023-24 with ex-date and record date on May 22, 2024. Additionally, SBI's Hyderabad Circle initiates a cyber security awareness campaign.
SBI Increases Deposit Rates Amidst Margin Compression Concerns - 16 May, 2024
State Bank of India (SBI) has increased deposit rates amidst concerns around sluggish growth of deposits compared to loans, prompting lenders to take proactive measures to manage their liabilities effectively. However, SBI's shares fell after raising interest rates on certain fixed deposits. Executives from SBI also met with top officials seeking government help to loosen RBI leash on project financing.
SBI Raises Fixed Deposit Interest Rates; Reports Strong Q4 Results - 15 May, 2024
State Bank of India raised its fixed deposit interest rates and reported strong Q4 results with a PAT growth of 24% YoY. SBI also participated in C2FO's TReDS platform and wrote off Rs 8,595 crore in FY24.
SBI Cuts Headcount and Becomes Trading-Clearing Member of IIBX - 14 May, 2024
State Bank of India has cut its total headcount by 10% since FY19, with 25,000 fewer staff. Additionally, SBI became a trading-clearing member of IIBX at GIFT City. Despite pressure on NIM, SBI expects credit growth to be in the 14-16% range. The bank's shares have outperformed Bank Nifty by a wide margin over six months.
SBI Reports Strong Q4 Results and High RoE - 13 May, 2024
State Bank of India (SBI) reports strong Q4 results with a net profit of Rs 20,698.35 crore, beating its top four private sector peers in terms of achieving higher RoE. The bank's management is confident of avoiding equity dilution and expects to achieve loan growth of 13-15% for FY25. Brokerage firm Sharekhan recommends SBI as one of five stocks with strong fundamentals for BUY.
SBI to Hire 12,000 Freshers, Majority Engineers - 12 May, 2024
State Bank of India plans to hire up to 12,000 freshers as probationary officers and associates in FY25, with 85% being engineering graduates. SBI invests heavily in training its staff and has a dedicated in-house institute focused on instilling technology skills.
State Bank of India Reports Strong Results - 11 May, 2024
State Bank of India's FY 2024 results show a significant increase in revenue and net income. Analysts have raised their share price targets following the bank's strong Q4 performance.
SBI Reports Strong Q4 Results, Beats Estimates - 10 May, 2024
State Bank of India (SBI) reported its highest-ever quarterly net profit of ₹20,698 crore in Q4 FY23-24, beating analysts' estimates by a wide margin. The bank also declared a dividend of Rs 13.7 per share. SBI's consolidated net profit for the year rose by 18% to Rs 21,384.15 crore.
SBI Reports Strong Q4 Results with Record Profit - 09 May, 2024
State Bank of India (SBI) reports a record profit of Rs 20,698 crore for Q4 FY24, beating estimates, driven by strong loan demand and lower provisions. SBI expresses confidence in growing credit book by 14-16% in current fiscal year. The asset quality of the bank improved, and it declared a dividend of Rs 13.7 per equity share for FY24.
SBI Expected to Report Sharp Fall in Net Profit for Q4FY24 - 08 May, 2024
State Bank of India (SBI) is set to report its Q4FY24 results, with analysts predicting a decline in net profit due to one-time wage revisions and higher operating expenses. Additionally, the RBI's proposed norms to tighten project financing have caused SBI's stock to fall. However, NII is expected to grow marginally.
SBI Faces Profit Decline Amidst Tighter Regulations and Wage Revision - 07 May, 2024
State Bank of India faces declining profits amidst the RBI's proposed tighter regulations for project financing and wage revision. However, state-run banks are set to deploy generative artificial intelligence (GenAI) systems for credit modelling, data analytics, and cybersecurity.
SBI Provides Loan for WTC Project, FSIB to Recommend Chairman Candidate - 06 May, 2024
State Bank of India has provided a loan of Rs 714 crore to TCG Real Estate for its World Trade Centre project in Gurugram. Meanwhile, the Financial Services Institutions Bureau is set to recommend a candidate for the post of SBI chairman as the current chairman's tenure ends soon.
State Bank of India Offers Comprehensive Advisory Services to Startups - 05 May, 2024
The State Bank of India is offering advisory services to startups nationwide, providing expert guidance in project advisory, financial services, and equity-debt matters. This initiative aims to help startup founders craft effective business strategies, conduct market research, and adopt industry best practices.
State Bank of India Joins C2FO's TReDS Platform - 04 May, 2024
State Bank of India has joined C2FO's TReDS platform, C2treds, which facilitates financing and discounting of trade receivables for MSMEs through multiple financiers.
State Bank of India in Focus Amidst Green Cells Plan and Paytm Integration - 03 May, 2024
State Bank of India is among the PSP banks that Paytm has integrated with to migrate user accounts. PSBs are planning to set up green cells for climate-specific initiatives, while SBI remains a top pick in the public space.
SBI Seeks Approval to Sell Debt; Sanctions Loans for Solar Projects - 02 May, 2024
State Bank of India seeks RBI approval to sell Jaiprakash Associates' debt worth Rs 18,000 crore to NARCL. SBI also sanctions and disburses a 20-year project loan facility to Avaada Energy for two solar projects in Gujarat. Additionally, SBI is in talks to lead a consortium of lenders to provide loans worth $1.80 billion to Vodafone Idea.
SBI Shares Rise Amidst Market Gains and Analyst Advice - 30 Apr, 2024
Shares of State Bank of India hit a new 52-week high amidst market gains and punters piling on shares ahead of JP Morgan Bond Index inclusion. However, Anand Rathi advises investors to consider booking profits due to a potential reversal.
SBI Partners with HCLSoftware for Digital Revamp; Hits Fresh 52-Week High - 29 Apr, 2024
State Bank of India (SBI) hit a fresh 52-week high and gained over 1% after getting the government's approval to divest its entire 25.02% stake in Yes Bank. SBI also partnered with HCLSoftware to digitally revamp its customer interaction framework. The bank's stock drove the Bank Nifty index 2.4% higher.
SBI gains despite NCLAT ruling on ITPCL liquidation value - 28 Apr, 2024
The National Company Law Appellate Tribunal (NCLAT) dismissed State Bank of India's (SBI) opposition to the liquidation value of IL&FS Tamil Nadu Power Company Ltd. Despite this, SBI emerged as one of the biggest gainers in the stock market last week.
Fundamentals of State Bank of India
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Best in 1 Year
In the last 1 year, SBIN has outperformed top 5 stocks with highest market-cap in Banks
Price Rise
In the last 1 month, SBIN stock has moved up by 9.8%
Best in 3 Years
In the last 3 years, SBIN has outperformed top 5 stocks with highest market-cap in Banks
Profit Spike
Netprofit is up for the last 2 quarters, 11.06K Cr → 21.38K Cr (in ₹), with an average increase of 48.3% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 10.81% to 10.97% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 4 quarters, 1.32L Cr → 1.64L Cr (in ₹), with an average increase of 7.1% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.92% of holdings in Mar 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 7.33% to 7.30% in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 11.64% to 11.48% in Mar 2024 quarter
State Bank of India in the last 5 years
Lowest (-1736.32x)
January 24, 2018
Today (10.88x)
May 17, 2024
Industry (20.68x)
May 17, 2024
Highest (140.37x)
June 27, 2019
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 56.92% | 0.00 | |
Foreign Institutions | 10.97% | 0.00 | |
Mutual Funds | 11.48% | 0.00 | |
Retail Investors | 7.3% | 0.00 | |
Others | 13.33% | 0.00 |
Technicals of State Bank of India share
News & Events of State Bank of India
State Bank of India Blogs
News
Info Edge (India) stock price update: Info Edge stock price zoomed 8 per cent to Rs 6,338.55 per share on the BSE in Friday's intraday trade: Info Edge Target P... Read more
17 May, 2024 01:10 PMInfo Edge stock rose as much as 8.03% during the day to Rs 6,338.10 apiece on the NSE.
17 May, 2024 01:41 PMInfo Edge Outlook for the Week (May 20, 2024 - May 24, 2024)
17 May, 2024 09:02 PMState Bank of India (SBIN) share price today is ₹821
State Bank of India is listed on NSE
State Bank of India is listed on BSE
PE Ratio of State Bank of India is 10.88
PE ratio = State Bank of India Market price per share / State Bank of India Earnings per share
Today’s traded volume of State Bank of India(SBIN) is 9.60L.
Today’s market capitalisation of State Bank of India(SBIN) is ₹729899.39Cr.
State Bank of India(SBIN | Price |
---|---|
52 Week High | ₹839.65 |
52 Week Low | ₹543.2 |
State Bank of India(SBIN) share price is ₹821. It is down -2.22% from its 52 Week High price of ₹839.65
State Bank of India(SBIN) share price is ₹821. It is up 51.14% from its 52 Week Low price of ₹543.2
State Bank of India(SBIN | Returns |
---|---|
1 Day Returns | 3.15% |
1 Month Returns | 9.81% |
3 Month Returns | 7.72% |
1 Year Returns | 42.43% |