Monday, 29 February 2016

SBI gains 3%: Stock Market Trading Strategies

Stock Cash Tips Provider

SBI stock was up by 3% at Rs. 160. The bank has received shareholders approval to raise up to Rs. 15,000 crore by public issue or overseas issuance of shares.

The scrip opened at Rs. 158.75 and has touched a high and low of Rs. 161 and Rs. 157.5 respectively. So far 6716193(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 121293.39 crore.
 
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 315.8 on 04-Mar-2015 and a 52 week low of Rs. 148.3 on 12-Feb-2016. Last one week high and low of the scrip stood at Rs. 166.8 and Rs. 151.3 respectively.
 
The promoters holding in the company stood at 60.18 % while Institutions and Non-Institutions held 28.55 % and 9.32 % respectively.
The stock is currently trading above its 200 DMA.

1 comment:

  1. • NBCC to redevelop VSNL land assets for Rs15,000 crore.
    • SBI to raise Rs5681 crore from Government via preferential issue.
    • ONGC Videsh completes acquisition of 11% additional stake in Vankor.
    CapitalStars

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