After its shares rose more than 22% so far this year, State Bank of India became the third lender and seventh Indian firm to cross the Rs 5-trillion market worth.
The stock increased 1.3 percent from its previous close to reach a record high of Rs 564.85 on the BSE. The stock gained 6% over the course of five straight sessions while remaining positive.
This landmark was already attained by ICICI Bank Ltd. and HDFC Bank Ltd. Reliance Industries, Tata Consultancy Services, Infosys, Hindustan Unilever, Life Insurance Corp of India, and HDFC are some of the other Indian businesses in the league.
The seventh most valuable Indian corporation right now is SBI. The most valuable firm in India continues to be Reliance Industries, which is followed by Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank, and Hindustan Unilever.
