State Bank of India

State Bank of India is up for a fifth straight session in a row. The stock is quoting at Rs 733.6, up 0.21% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 22577. The Sensex is at 74336.54, down 0%. State Bank of India has dropped around 0.43% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has dropped around 2.91% in last one month and is currently quoting at 48627.7, down 0.21% on the day. The volume in the stock stood at 39.84 lakh shares today, compared to the daily average of 105.13 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 733.3, down 0.05% on the day. State Bank of India is down 5.18% in last one year as compared to a 1.09% spurt in NIFTY and a 2.53% spurt in the Nifty Bank index.The PE of the stock is 8.95 based on TTM earnings ending December 24.Powered by Capital Market - Live

State Bank of India gained for a third straight session today. The stock is quoting at Rs 724, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 22369.85. The Sensex is at 73869.34, up 1.2%. State Bank of India has slipped around 3.76% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has slipped around 3.7% in last one month and is currently quoting at 48245.2, up 0.57% on the day. The volume in the stock stood at 53.08 lakh shares today, compared to the daily average of 132.16 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 724.95, up 0.97% on the day. State Bank of India is down 7.64% in last one year as compared to a 0.46% slide in NIFTY and a 1.15% slide in the Nifty Bank index.The PE of the stock is 8.76 based on TTM earnings ending December 24.Powered by Capital Market - Live

The Executive Committee of the Central Board of Directors of State Bank of India approved the divestment of Bank's entire stake, i.e., 7,90,80,000 equity shares at a price of Rs 13.22 per equity share in Jio Payments Bank to Jio Financial Services realizing Rs 104,54,37,600/-, subject to all regulatory approvals. Powered by Capital Market - Live

State Bank of India dropped for a fifth straight session today. The stock is quoting at Rs 685.35, down 2.64% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.84% on the day, quoting at 22131.1. The Sensex is at 73247.33, down 1.83%.State Bank of India has lost around 9.64% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has eased around 2.1% in last one month and is currently quoting at 48743.8, down 1.25% on the day. The volume in the stock stood at 80.46 lakh shares today, compared to the daily average of 122.82 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 688.9, down 2.55% on the day. State Bank of India tumbled 8.39% in last one year as compared to a 0.67% rally in NIFTY and a 4.37% spurt in the Nifty Bank index.The PE of the stock is 8.61 based on TTM earnings ending December 24.Powered by Capital Market - Live

The Nifty February 2025 futures closed at 22,972.30, a premium of 43.05 points compared with the Nifty's closing 22,929.25 in the cash market. In the cash market, the Nifty 50 slipped 102.15 points or 0.44% to 22,929.25. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, added 0.40% to 15.02. State Bank of India, Reliance Industries and Deepak Nitrite were the top trading individual stock futures contracts in the F&O segment of the NSE. The February 2025 F&O contracts will expire on 27 February 2025. Powered by Capital Market - Live

The Nifty February 2025 futures closed at 23,139, a premium of 67.20 points compared with the Nifty's closing 23,071.80 in the cash market. In the cash market, the Nifty 50 slipped 309.80 points or 1.32% to 23,071.80. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 2.94% to 14.87. State Bank of India, HDFC Bank and Reliance Industries were the top trading individual stock futures contracts in the F&O segment of the NSE. The February 2025 F&O contracts will expire on 27 February 2025. Powered by Capital Market - Live

State Bank of India dropped for a fifth straight session today. The stock is quoting at Rs 730.5, down 0.86% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.25% on the day, quoting at 23089. The Sensex is at 76320.65, down 1.28%.State Bank of India has gained around 0.14% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has increased around 2.79% in last one month and is currently quoting at 49981, down 1.2% on the day. The volume in the stock stood at 75 lakh shares today, compared to the daily average of 128.86 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 730.65, down 1.26% on the day. State Bank of India jumped 3.19% in last one year as compared to a 6.81% rally in NIFTY and a 10.03% spurt in the Nifty Bank index.The PE of the stock is 9.01 based on TTM earnings ending December 24.Powered by Capital Market - Live

Net profit of State Bank of India rose 70.40% to Rs 18853.16 crore in the quarter ended December 2024 as against Rs 11064.14 crore during the previous quarter ended December 2023. Total Operating Income rose 10.44% to Rs 124653.66 crore in the quarter ended December 2024 as against Rs 112868.34 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income124653.66112868.34 10 OPM %47.9444.51 - PBDT25566.4022344.83 14 PBT25566.4022344.83 14 NP18853.1611064.14 70 Powered by Capital Market - Live

Profit before tax in the third quarter of FY24 stood at Rs 22,639.75 crore, registering an increase of 80.42% on a YoY basis. Net interest income rose 10.02% to Rs 1,17,427 crore in Q3 FY25 as compared with Rs 1,06,734 crore in Q3 FY24. Net interest margin (domestic) reduced by 19 bps to 3.15% in Q3 FY25 as against 3.34% in Q3 FY24. Operating profit grew 15.81% YoY to Rs 23,551 crore in the December 2024 quarter as compared with Rs 20,336 crore posted in the corresponding quarter last year. Total deposits grew 9.81% to Rs 52,29,384 crore as on 31 December 2024 as against Rs 47,62,221 crore as on 31 December 2023, out of which CASA Deposit grew by 4.46% YoY. The CASA ratio slipped 198 bps to 39.20% as on 31 December 2024. The bank's return on assets (ROA) for the quarter stood at 1.04% as against 0.62% in Q3 FY24. In Q3 FY25, provision coverage ratio (PCR) was at 74.66%, improved by 49 bps YoY. PCR (including AUCA) improved by 25 bps YoY and stands at 91.74%. The bank's gross non-performing assets (NPAs) slipped to Rs 84,360 crore as on 31 December 2024 as against Rs 86,749 crore as on 31 December 2023. The ratio of gross NPAs to gross advances stood at 2.07% as on 31 December 2024, as against 2.42% as on 31 December 2023. The ratio of net NPAs to net advances stood at 0.53% as on 31 December 2024, as against 0.64% as on 31 December 2023. The bank's credit growth stood at 13.49% YoY. Domestic advances grew at 14.06% YoY and foreign offices' advances rose by 13.49% YoY. Capital Adequacy Ratio (CAR) as at the end of Q3 FY25 reduced by 2 bps YoY and stands at 13.03%; slippage ratio was at 0.39%; declined by 19 bps YoY; while credit cost rose 3% to 0.24%. State Bank of India (SBI) is an Indian multinational, public sector banking, and financial services statutory body. As of 31 December 2024, the Government of India held a 57.43% stake in the bank. Shares of State Bank of India (SBI) fell 1.68% to Rs 753.25 on the BSE.Powered by Capital Market - Live

State Bank of India is up for a fifth straight session in a row. The stock is quoting at Rs 773.55, up 1.44% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.92% on the day, quoting at 23462.45. The Sensex is at 77335.47, up 0.75%. State Bank of India has dropped around 2.48% in last one month. Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has dropped around 3.1% in last one month and is currently quoting at 49311.95, up 0.33% on the day. The volume in the stock stood at 52.78 lakh shares today, compared to the daily average of 110.89 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 776.6, up 1.27% on the day. State Bank of India is up 19.44% in last one year as compared to a 8.13% gain in NIFTY and a 7.12% gain in the Nifty Bank index.The PE of the stock is 9.66 based on TTM earnings ending September 24.Powered by Capital Market - Live