CALCULATE YOUR SIP RETURNS

SBI Share Price Trades Lower on January 01, 2025

01 January 20252 mins read by Angel One
SBI Share Price Trades Lower on January 01, 2025
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

On January 01, 2025, State Bank Of India (SBI) share price traded 0.30% lower at ₹792.65 at 1:53 PM (IST), while the BSE benchmark Sensex jumped 417.59 points to 78,556.60. SBI share price reached a 52-week high of ₹912.10 on June 03, 2024 , and a 52-week low of ₹600.70 on December 01, 2024. As per BSE, the total traded volume for the stock stood at 3.03 lakh shares with a turnover of ₹24 crore.

At the current price, SBI shares are trading at a price-to-earnings (P/E) ratio of 10.85x, based on its trailing 12-month earnings per share (EPS) of ₹73.90, and a price-to-book (P/B) ratio of 1.69, according to exchange data. The stock has a beta value of 1.29, indicating its volatility in the broader market.

Shareholding Details

As of September 30, 2024, promoters held a 57.51% stake in SBI shares, while Foreign Institutional Investors (FIIs) owned 10.71%, and Domestic Institutional Investors (DIIs) held 23.96%.

SBI Q2 FY25 Results

State Bank of India (SBI), the country’s largest public sector bank reported a net profit of ₹18,331 crore for the July-September 2024 quarter.

Net interest income (NII) grew to ₹41,620 crore, up from ₹39,500 crore in the same period last year. Pre-provision operating profit surged to ₹29,294 crore, compared to ₹19,417 crore in the corresponding quarter of the previous fiscal.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2 Cr+ happy customers