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- Burgan Bank announces its financial results for first nine months of 2025
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09/11/2010 00:00 AST
State Bank of India (SBI) plunged nearly five per cent in the early trade on the Bombay Stock Exchange on Tuesday, after it reported a 22.2 per cent decline in its second quarter net profit on Monday.
Reacting to the September quarter numbers, the shares of the country's largest lender slipped by 4.9 per cent to an early low of Rs 3,254.90 on the BSE, becoming the worst performer on the 30-share benchmark Sensex.
Similarly, the scrip lost 4.33 per cent to trade at Rs 3,276.60 on the National Stock Exchange.
Later, the shares were trading down by 2.65 per cent at Rs 3,332 on the BSE and lower by 2.65 per cent at Rs 3,334.35 on the NSE.
SBI posted a 22.2 per cent decline in its consolidated net profit at Rs 2,437.1 crore for the second quarter ended September 30, 2010 against Rs 3,133.1 crore in the same period last fiscal.
Among the other major banking stocks, private-sector lenders ICICI Bank and HDFC Bank were trading in the positive terrain with a gain of 0.53 per cent and 0.42 per cent, respectively, while the mortgage lender HDFC was down by 0.6 per cent on the BSE.
Meanwhile, the Sensex was trading firm at 20,921, up 68.62 points from the previous close.
The Hindu Business Line
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
05/11/2025
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in t
Asharq Al Awsat
05/11/2025
Norway's sovereign wealth fund, one of Tesla's 10 largest shareholders, said on Tuesday it would vote against the electric carmaker's proposed pay package for Elon Musk, worth potentially more than $
Khaleej Times
04/11/2025
As the US stock market reached record highs this October?, ?investors have questioned whether they are heading for another tech bubble?, ?driven by enthusiasm and hype about artificial intelligence?.
Khaleej Times
31/10/2025
Shares in Lufthansa soared Thursday after the German airline giant reported better-than-expected earnings and said it believed 2025 was a "turning point" after a turbulent period.
Net profit
AFP
30/10/2025
China has agreed to keep rare earth exports flowing to the world as part of a one-year agreement, President Donald Trump said on Thursday shortly after meeting his counterpart Xi Jinping in South Kor
Asharq Al Awsat
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