Shares Of State Bank Of India Gained 3.4 Percent Intraday On October 25

Shares of State Bank of India gained 3.4 percent intraday on October 25 ahead of likely fall in slippages in quarter ended September 2019. Earnings will be announced later today.

The stock lost more than 20 percent in last three months. It was quoting at Rs 269.90, up Rs 7.20, or 2.74 percent on the BSE at 1222 hours IST.

Profit is expected to be at around Rs 1,875.9 crore in September quarter, rising 98.5 percent compared to year-ago but may decline 20 percent sequentially due to deferred tax assets adjustment, according to a poll analysts conducted by CNBC-TV18.

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