STATE BANK OF INDIA
NSE : SBINBSE : 500112ISIN
CODE : INE062A01020Industry : Bank - PublicHouse
: PSU - SBI
BSE796.45-11.3 (-1.4 % )
PREV CLOSE (Rs.) 807.75
OPEN PRICE (Rs.) 811.20
BID PRICE (QTY) 796.15 (7 )
OFFER PRICE (QTY) 796.50 (40 )
VOLUME 198819
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE795.05 -12.75 (-1.58 % )
PREV CLOSE(Rs.) 807.80
OPEN PRICE (Rs.) 812.00
BID PRICE (QTY) 795.05 (579 )
OFFER PRICE (QTY) 795.20 (50 )
VOLUME 7924024
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 29-Apr-2024 | Dilip Buildcon, ICICI Bank and ARCL Organics to see some action today | <p style="text-align: justify;"><span style="text-align: left; font-weight: 700;">Dilip </span><span style="font-weight: bold;">Buildcon</span> has received Provisional Completion Certificate for the project of Construction and upgradation of NH - 131A from Km 34.600 (design Ch: 6.000) near Narenpur to Km 79.970 (design Ch 53.000) near Purnea to 4 lane standard and from Km 79.970 (design Ch: 53.000) to Km 82.000 (design Ch: 55.000) near Purnea to 2 lane with paved Shoulders standard, in the State of Bihar on Hybrid Annuity Mode. The Provisional Completion Certificate has been issued by the authority and had declared the project fit for entry into commercial operation as on March 29, 2024. The project cost was Rs 1905 crore.</p><p style="text-align: justify;"><span style="font-weight: bold;">ICICI Bank</span> has reported results for fourth quarter (Q4) and year ended March 31, 2024. The bank has reported 17.38% rise in its net profit at Rs 10707.53 crore for the quarter under review as compared to Rs 9121.87 crore for the same quarter in the previous year. Total income of the bank increased by 20.74% at Rs 43,597.14 crore for Q4FY24 as compared Rs 36,108.88 crore for the corresponding quarter previous year. On consolidated basis, the bank has reported 18.46% rise in its net profit at Rs 11,671.52 crore for fourth quarter ended March 31, 2024 as compared to Rs 9,852.70 crore for the same quarter in the previous year. Total income of the bank increased by 24.59% at Rs 67,181.70 crore for Q4FY24 as compared Rs 53,922.75 crore for the corresponding quarter previous year.</p><p style="text-align: justify;"><span style="font-weight: bold;">ARCL Organics</span> has signed a memorandum of understanding (MoU) with Adplus Chemicals and Polymers for Phenol Sale-Purchase Agreement (PSPA). A definitive agreement is yet to be signed on the said matter as Adplus Chemicals and Polymers is installing a plant at Haldia and it will take around 2 years for the plant to start commercial production. Term of Agreement is 5 years. The price payable by the Buyer to the Seller for supply of Phenol shall be linked to marker-based pricing formula.</p><p style="text-align: justify;"><span style="font-weight: bold;">State Bank of India</span> (SBI) has entered into partnership with HCLSoftware, the software business unit of HCL Technologies (HCLTech), to digitally transform customer engagement. As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank's diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other stringent security requirements.</p><p style="text-align: justify;"><span style="font-weight: bold;">HCL Technologies</span> has reported results for fourth quarter (Q4) ended March 31, 2024. The company has reported 2.85% fall in its net profit at Rs 2,763 crore for the quarter under review as compared to Rs 2,844 crore for the same quarter in the previous year. However, total income of the company increased by 4.35% at Rs 12,378 crore for Q4FY24 as compared Rs 11,862 crore for the corresponding quarter previous year. On consolidated basis, the company has reported marginal rise of 0.35% in its net profit at Rs 3,995 crore for fourth quarter ended March 31, 2024 as compared to Rs 3,981 crore for the same quarter in the previous year. Total income of the company increased by 6.86% at Rs 28,915 crore for Q4FY24 as compared Rs 27,059 crore for the corresponding quarter previous year.</p><p style="text-align: justify;"><span style="font-weight: bold;">Ahasolar Technologies</span> has received a work order for consultancy services for Complete design, engineering, Maintenance & drawing of Website & Mobile Platform for Solar Application Project from BSES Rajdhani Power. The whole Consultancy Service is priced at around Rs 1.10 crore. </p><p style="text-align: justify;"><span style="font-weight: bold;">Hinduja Global Solutions</span>' (HGS) Subsidiary -- ONEOTT Intertainment has completed the acquisition of 51% shareholding of Seven Star Balaji Broadband on April 25, 2024. With this, Seven Star Balaji Broadband has become a stepdown subsidiary of the company. The acquisition of Seven Star will leverage strength to scale up the business in Maharashtra area for exploring the possibilities for the purposes of providing state of the art Internet Services to the subscribers. </p> |
| 29-Apr-2024 | SBI rises on inking pact with HCLSoftware | <p style="text-align: justify;">State Bank of India is currently trading at Rs. 807.10, up by 5.70 points or 0.71% from its previous closing of Rs. 801.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 809.00 and has touched a high and low of Rs. 810.00 and Rs. 798.75 respectively. So far 255357 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 816.85 on 26-Apr-2024 and a 52 week low of Rs. 543.15 on 26-Oct-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 816.85 and Rs. 750.45 respectively. The current market cap of the company is Rs. 715441.52 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 57.54%, while Institutions and Non-Institutions held 35.08% and 7.38% respectively.</p><p style="text-align: justify;">State Bank of India (SBI) has entered into partnership with HCLSoftware, the software business unit of HCL Technologies (HCLTech), to digitally transform customer engagement. As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank's diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other stringent security requirements.</p><p style="text-align: justify;">HCL Unica, with its advanced Customer Data Platform, AI capabilities and comprehensive campaign management tools, would leverage real-time data to significantly improve SBI's ability to engage with its customers. It will help facilitate complex, multi-channel digital marketing campaigns, enhancing customer engagement precision and relevance. HCL Unica's powerful Customer Data Platform will organize and aggregate SBI's customer data from various touchpoints, creating a unified view that facilitates deeper insights and targeted marketing initiatives.</p><p style="text-align: justify;">State Bank of India is the country's largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.</p> |
| 27-Apr-2024 | SBI inks pact with HCLSoftware | <p style="text-align: justify;">State Bank of India (SBI) has entered into partnership with HCLSoftware, the software business unit of HCL Technologies (HCLTech), to digitally transform customer engagement. As part of the five-year agreement, HCLSoftware will deploy the HCL Unica platform to enable SBI to digitally transform its customer interaction framework and provide hyper-personalized communication across the bank's diverse digital marketing channels, while adhering to the Digital Personal Data Protection Act (DPDPA) and other stringent security requirements.</p><p style="text-align: justify;">HCL Unica, with its advanced Customer Data Platform, AI capabilities and comprehensive campaign management tools, would leverage real-time data to significantly improve SBI's ability to engage with its customers. It will help facilitate complex, multi-channel digital marketing campaigns, enhancing customer engagement precision and relevance. HCL Unica's powerful Customer Data Platform will organize and aggregate SBI's customer data from various touchpoints, creating a unified view that facilitates deeper insights and targeted marketing initiatives.</p><p style="text-align: justify;">State Bank of India is the country's largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.</p><div style="text-align: justify;"><br></div> |
| 06-Mar-2024 | State Bank Of India informs about loss of share certificate | <div>State Bank Of India has informed that it attached the list of lost share certificates. The holders of these certificates have requested for the issuance of duplicate certificates. It has initiated the process for issue of Letter of Confirmation (LOC).</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 02-Mar-2024 | State Bank Of India informs about press release | <div>State Bank Of India has informed that it enclosed copy of the newspaper advertisement published on 01.03.2024 in Economic Times and Times of India (English), Maharashtra Times (Marathi), Navbharat Times (Hindi) containing the notice issued for attention of the shareholders of the Bank regarding transfer of Unclaimed Dividend to Investor Education and Protection Fund (IEPF).</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 27-Feb-2024 | RBI imposes monetary penalty of Rs 2 crore on SBI | <p style="text-align: justify;">The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 2 crore on State Bank of India (SBI) for contravention of provisions of sub-section (2) of Section 19 of the Banking Regulation Act, 1949 (the BR Act), and sub-section (2) of Section 26A of the BR Act read with the Depositor Education Awareness Fund Scheme, 2014. This penalty has been imposed in exercise of powers vested in RBI conferred under the provisions of Section 47 A (1) (c) read with Sections 46 (4) (i) and 51 (1) of the BR Act.<br>This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. </p><p style="text-align: justify;">State Bank of India is the country's largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.</p> |
| 08-Feb-2024 | Clarification/ Confirmation On News Item Appearing In 'Media/Publication'. | Clarification on news item appeared in www.moneycontrol.com |
| 05-Feb-2024 | State Bank of India reports 28% fall in Q3 consolidated net profit | <p style="text-align: justify;">State Bank of India (SBI) has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The bank has reported 35.49% fall in net profit at Rs 9163.96 crore for the quarter ended December 31, 2023 as compared to Rs 14205.34 crore for the same quarter in the previous year. However, total income of the bank increased by 20.50% at Rs 118192.68 crore for Q3FY24 as compared Rs 98083.77 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">On consolidated basis, the bank reported 28% fall in its net profit at Rs 11282.66 crore for Q3FY24 as compared to Rs 15669.65 crore for the same quarter in the previous year. However, total income of the bank increased by 20.30% at Rs 153071.64 crore for Q3FY24 as compared Rs 127218.97 crore for corresponding quarter of the previous year.</p> |
| 05-Feb-2024 | State Bank of India declines on reporting 28% fall in Q3 consolidated net profit | <p style="text-align: justify;">State Bank Of India is currently trading at Rs. 647.95, down by 2.45 points or 0.38% from its previous closing of Rs. 650.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 641.30 and has touched a high and low of Rs. 654.65 and Rs. 638.50 respectively. So far 1584034 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 660.40 on 20-Dec-2023 and a 52 week low of Rs. 501.85 on 27-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 660.30 and Rs. 615.75 respectively. The current market cap of the company is Rs. 578716.46 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 57.50%, while Institutions and Non-Institutions held 35.09% and 7.40% respectively.</p><p style="text-align: justify;">State Bank of India (SBI) has reported results for third quarter ended December 31, 2023 (Q3FY24). </p><p style="text-align: justify;">The bank has reported 35.49% fall in net profit at Rs 9163.96 crore for the quarter ended December 31, 2023 as compared to Rs 14205.34 crore for the same quarter in the previous year. However, total income of the bank increased by 20.50% at Rs 118192.68 crore for Q3FY24 as compared Rs 98083.77 crore for corresponding quarter of the previous year.</p><p style="text-align: justify;">On consolidated basis, the bank reported 28% fall in its net profit at Rs 11282.66 crore for Q3FY24 as compared to Rs 15669.65 crore for the same quarter in the previous year. However, total income of the bank increased by 20.30% at Rs 153071.64 crore for Q3FY24 as compared Rs 127218.97 crore for corresponding quarter of the previous year.</p><div style="text-align: justify;"><br></div> |
| 20-Jan-2024 | SBI raises Rs 5000 crore through bonds | <p style="text-align: justify;">State Bank of India (SBI) has raised Rs 5000 crore through 5000 Non-convertible, Taxable, Perpetual, Subordinated, Unsecured, Fully Paid-up Basel III compliant Additional Tier 1 Bonds of face value Rs 1 crore each in the nature of debentures at a coupon of 8.34%. </p><p style="text-align: justify;">State Bank of India is the country's largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.</p> |
