SBI share price, Nov. 18 -- Shares of State Bank of India (SBI) traded flat on Tuesday, November 18, a day after becoming the first public-sector lender to surpass a market capitalisation of Rs.9 trillion. The stock also hit a new lifetime high of Rs.976.80 in the previous session.
SBI's share performance has remained strong over multiple time frames. The PSU stock has risen 21% over the past year, 23% in the last six months, 17.5% in the last three months and over 9% in the past month. Over five years, SBI has delivered multibagger returns, surging 286%.
The lender has also been in the spotlight following reports of further consolidation among public-sector banks (PSBs). As policymakers consider ways to build scale and support financin...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.