State Bank of India dropped for a fifth straight session today. The stock is quoting at Rs 792.2, down 0.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.87% on the day, quoting at 24933.35. The Sensex is at 81777.75, up 0.81%.State Bank of India has lost around 0.35% in last one month.Meanwhile, Nifty Bank index of which State Bank of India is a constituent, has increased around 0.79% in last one month and is currently quoting at 55527.35, up 0.59% on the day. The volume in the stock stood at 48.72 lakh shares today, compared to the daily average of 117.94 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 794.2, up 0.15% on the day. State Bank of India tumbled 6.24% in last one year as compared to a 5.84% rally in NIFTY and a 10.74% spurt in the Nifty Bank index.
The PE of the stock is 9.97 based on TTM earnings ending March 25.