SBI surges on reporting 51% rise in Q3 consolidated net profit
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State Bank of India (SBI) is currently trading at Rs. 545.10, up by 14.90 points or 2.81% from its previous closing of Rs. 530.20 on the BSE.
The scrip opened at Rs. 534.00 and has touched a high and low of Rs. 549.05 and Rs. 525.65 respectively. So far 1178682 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 546.35 on 04-Feb-2022 and a 52 week low of Rs. 321.15 on 19-Apr-2021.
Last one week high and low of the scrip stood at Rs. 546.35 and Rs. 519.75 respectively. The current market cap of the company is Rs. 488577.86 crore.
The promoters holding in the company stood at 57.60%, while Institutions and Non-Institutions held 34.62% and 7.78% respectively.
The Bank has reported a rise of 62.27% in its net profit at Rs 8431.88 crore for the quarter under review as compared to Rs 5196.22 crore for the same quarter in the previous year. Total income of the bank increased by 3.12% at Rs 78351.54 crore for Q3FY22 as compared Rs 75980.65 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a rise of 51.39% in its net profit at Rs 9691.96 crore for the quarter under review as compared to Rs 6402.16 crore for the same quarter in the previous year. Total income of the bank increased by 7.56% at Rs 104528.22 crore for Q3FY22 as compared Rs 97182.15 crore for the corresponding quarter previous year
