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06-02-2021 02:41 PM | Source: Accord Fintech
State Bank of India gains on going to auction two NPA accounts
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State Bank of India is currently trading at Rs. 436.80, up by 4.20 points or 0.97% from its previous closing of Rs. 432.60 on the BSE.

The scrip opened at Rs. 431.85 and has touched a high and low of Rs. 437.25 and Rs. 429.00 respectively. So far 1977407 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 437.80 on 02-Jun-2021 and a 52 week low of Rs. 167.25 on 02-Jun-2020.

Last one week high and low of the scrip stood at Rs. 437.80 and Rs. 412.00 respectively. The current market cap of the company is Rs. 389827.03 crore.

The promoters holding in the company stood at 57.63%, while Institutions and Non-Institutions held 34.54% and 7.83% respectively.

State Bank of India (SBI) is going to auction two NPA accounts later this month for recovery of dues worth Rs 409.45 crore from the companies -- Kamachi Industries and Tantia Agrochemicals. The e-auction will take place on June 25.

SBI 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.