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'Sbi Shares' - 114 News Result(s)

  • Nifty Regains 8,350 Mark; SBI Rises Over 2%

    Nifty Regains 8,350 Mark; SBI Rises Over 2%

    Bank shares witnessed some buying today after correcting for three consecutive days. The Bank Nifty gained over 1 per cent, while the index for state-run banks was up over 2.5 per cent led by SBI which was up over 2 per cent. Bank of India, Canara Ba...

  • Bank Shares Gain; SBI Jumps 4%

    Bank Shares Gain; SBI Jumps 4%

    Shares in banks gained ahead of RBI policy review due on December 2. Traders say the gains are in anticipation of a rate cut.

  • SBI's Ten-for-One Stock Split Effective, Shares Gain

    SBI's Ten-for-One Stock Split Effective, Shares Gain

    The stock split in State Bank of India came into effect on Thursday. India's biggest lender had last month approved a 10-for-one stock split. As a result, SBI reduced the face value of each equity share to Rs 1 from Rs 10 effective today.

  • State Bank of India, Adani Enterprises, JSPL in Focus Today

    State Bank of India, Adani Enterprises, JSPL in Focus Today

    The Nifty opened flat on Thursday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net buyers of Indian equities but with a reduced momentum as they have bought shares worth Rs 72 crore in cash market on Wednesday...

  • Want to Add SBI to Your Portfolio? Read This First

    Want to Add SBI to Your Portfolio? Read This First

    State Bank of India shares have been on a tear, rising sharply since the lender announced its second quarter results on Friday. The stock is trading at a 3 1/2-year high after gaining over 7 per cent in the previous two sessions.

  • Why SBI Shares Have Hit a 3-1/2 Year High

    Why SBI Shares Have Hit a 3-1/2 Year High

    State Bank of India, the country's largest bank accounting for about a quarter of loans and deposits, traded at its highest level since April 2011 on Monday, according to Reuters data. The stock has seen buying interest on the back of its September q...

  • SBI, Tata Motors, Sun Pharma in Focus Today

    SBI, Tata Motors, Sun Pharma in Focus Today

    The Nifty opened higher on Friday as indicated by futures trade on Singapore Stock Exchange. Foreign investors continued to remain net buyers of Indian equities as they had bought shares worth Rs 691 crore in cash market in Thursday. However domestic...

  • Bank Nifty Hits 52-Week High; SBI Lead Gains

    Bank Nifty Hits 52-Week High; SBI Lead Gains

    Traders bought banking shares as hope of rate cut by Reserve Bank of India increased after crude oil continued its fall on Wednesday.

  • SBI, Shemaroo Entertainment, IVRCL in Focus Today

    SBI, Shemaroo Entertainment, IVRCL in Focus Today

    The Nifty opened lower on Wednesday as indicated by futures trade on Singapore Stock Exchange. Foreign investors remained net sellers of Indian equities on Tuesday as they sold shares worth Rs 486 crore in cash market. However domestic investors were...

  • Morgan Stanley, StanChart Picked to Manage India Share Sales: Report

    Morgan Stanley, StanChart Picked to Manage India Share Sales: Report

    Morgan Stanley and Standard Chartered are among six banks picked to manage the sales of shares in two state-run Indian companies, sources directly involved in the deals said on Friday.

  • State Bank of India Approves Ten-for-One Stock Split

    State Bank of India Approves Ten-for-One Stock Split

    State-run Punjab National Bank and top private sector lender ICICI Bank this month approved stock splits. Companies typically split shares to make those attractive for retail investors.

  • SBI, M&M, Bharti Airtel in Focus Today

    SBI, M&M, Bharti Airtel in Focus Today

    The Nifty opened lower on Friday on the back of geopolitical tensions which triggered a global sell off. Foreign investors sold Indian shares worth Rs 73 crore on Thursday whereas domestic investors were net buyers to the tune of Rs 229 crore. Rupee ...

  • Tata Motors, IndusInd Bank, SBI in Focus Today

    Tata Motors, IndusInd Bank, SBI in Focus Today

    The Nifty opened higher on Wednesday. Nifty fell for more than 2 per cent on Tuesday after hitting 7,800 mark early in the morning. However the silver lining is that foreign investors still remain net buyers of Indian shares as they bought shares wor...

  • SBI Net Beats Estimates in Q4, Shares Soar on Drop in Bad Loans

    SBI Net Beats Estimates in Q4, Shares Soar on Drop in Bad Loans

    State Bank of India (SBI), the nation's biggest lender, reported a drop in bad loans and quarterly net profit that beat forecasts, sending its shares to their highest level in three years.

  • Sensex Rises More Than 250 Points, SBI Surges

    Sensex Rises More Than 250 Points, SBI Surges

    The BSE Sensex traded higher on Friday with shares in power companies gaining on hopes that the new Narendra Modi-led BJP government would focus on removing bottlenecks in the sector.

  • SBI Q4 Net at Rs 3,041 Crore, Beats Estimates

    SBI Q4 Net at Rs 3,041 Crore, Beats Estimates

    India's largest public lender reported net profit at Rs 3,041 crore in Q4 against Rs 3,299 crore in the same quarter a year ago. Still, profits beat estimates, sending SBI shares higher by nearly 5 per cent in afternoon trade.

  • Tata Power Rights Issue Oversubscribed 1.96 Times

    Tata Power Rights Issue Oversubscribed 1.96 Times

    Tata Power on Friday said it has raised nearly Rs 2,000 crore by selling shares to existing shareholders for which it received nearly double the required bids.

  • State Bank of Travancore plans raising capital of Rs 629 crore

    State Bank of Travancore plans raising capital of Rs 629 crore

    State Bank of Travancore on Wednesday approved to raise equity capital up to Rs 629 by issuing new shares on rights basis.

  • SBI to raise up to Rs 1200 crore by issuing shares to employees

    SBI to raise up to Rs 1200 crore by issuing shares to employees

    State Bank of India has proposed to offer share purchase scheme for all its employees which could raise additional equity capital, between Rs 800 crore and Rs 1,200 crore, for the country's largest lender.

  • No new capital needed for 2 years after Rs 11,500-crore QIP: State Bank

    No new capital needed for 2 years after Rs 11,500-crore QIP: State Bank

    State Bank of India (SBI) will not require fresh capital for two years after its forthcoming Rs 11,500-crore qualified institutional placement (QIP) goes through, and any overseas bond sale is expected only after the issue.

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