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The SBI stock today rose by nearly 5 per cent after the country’s largest bank posted 25 per cent rise in standalone net profit for the second quarter ended September 30.
The stock climbed 4.48 per cent to Rs 244.70 on BSE.
On the NSE, it gained 4.66 per cent to Rs 244.80.
The bluechip stock was the top gainer on Sensex and Nifty indices.
State Bank of India today posted 25 per cent rise in standalone net profit at Rs 3,879.07 crore for the July-September quarter of the current financial year.
The state-owned bank had standalone net profit of Rs 3,100.41 crore in the same quarter of last fiscal.
Its total income increased to Rs 46,854.81 crore during the quarter as against Rs 41,833.36 crore a year earlier.
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