SBI Share Price Trades Lower on January 01, 2025

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.

 

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