sbi allotment price to govt is 274 rs. what is the effect?


Well-Known Member
Sbi. Allotment price to govt. Finalised at rs 274 what could be the effect on sbi price ?
Is it a good news or bad ?

Plz help me to understand.
Thanks in advance
definitely its a good news for SBI because of the funds incorporated by SBI by issuing approximately 196 crores equity shares to government which will be good for SBI in long term. moreover, the slowdown in the global markets is also affecting the indian markets to a great extent over weighing all the fundamentals.

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