Meanwhile, the BSE Sensex was down 209.05 points, or 1.97%, to 10,422.07.On BSE, 140 shares were traded in the counter. The stock had an average daily volume of 235 shares in the past one quarter.The stock hit a high of Rs 2606.30 and a low of Rs 2531 so far during the day. The stock has a 52-week high of Rs 8300 on 4 January 2008 and a 52-week low of Rs 2235 on 29 October 2008.
The mid-cap stock had outperformed the market over the past one month till 4 November 2008, declining 8.03% as compared to the Sensex’s decline of 15.13%. It had also outperformed the market in the past one quarter, declining 23.68% as compared to the Sensex’s decline of 27.07%.
The bank's current equity is Rs 50 crore. Face value per share is Rs 100.The current price of Rs 2531 discounts the bank's Q2 September 2008 annualized EPS of Rs 910.64, by a PE multiple of 2.78.State Bank of Travancore’s board has fixed 20 December 2008 as the record date for 10-for-1 stock split. The company announced the record date during trading hours today, 5 November 2008.
a Shri Dinesh Mills’ net profit rose 70.40% to Rs 113.83 crore on 24.80% increase in operating income to Rs 1141.86 crore in Q2 September 2008 over Q2 September 2007. The results were announced on 17 October 2008.
The bank provides working capital finance, short-term corporate loan and term loan for corporate and industrial houses. It offers services to government such as collection of direct taxes, treasury payments and receipts for the state and central governments.
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