Largest Indian public sector bank SBI stock split in 1:10

State Bank of India, India's largest public sector lender, moved higher in trade as 1:10 stock split comes into effect. November 21, as the record date for a stock split in the ratio of 1:10, i.e. a share of face value Rs 10 is split into 10 shares of face value Rs 1 each.

The stock price has split from Rs 2,911 per share to close at Rs 297.10 per share after the split.

It now becomes easy for investors to acquire the stock at a lesser price, as it had run-up sharply in the past one year.

The stock closed at Rs 297, up 2.01 per cent, on the BSE. It touched an intraday high of Rs 298.70 and a low of Rs 291.05 in trade yesterday.

(11/21/2014)

Close                                       -           305.5 (+2.83%)

Range                                      -           297.25 - 307.00

52Week                                   -           291.25 - 2,979.00

Open                                       -           299.90

Vol                                          -           21.01M

Mkt cap                                   -           2.23T

P/E                                          -           1.52

Div/yield                                 -           15.00/9.82

EPS                                         -           200.52

Shares                                      -           7.47B

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