SBI Edges Higher After Increasing Stake in Raajmarg Infra Investment Managers
Mumbai, 14 November (Udaipur Kiran). State Bank of India (SBI) traded marginally higher on Wednesday after the bank increased its shareholding in Raajmarg Infra Investment Managers through a rights issue. The stock was quoted at ₹960 on the BSE, up 0.57% from its previous close of ₹954.55.
The scrip opened at ₹954.25 and moved between ₹962.50 and ₹953 during the session. Total traded volume stood at 1,90,726 shares. The BSE ‘A’ group stock, with a face value of ₹1, has a 52-week high of ₹971.15 (6 November 2025) and a 52-week low of ₹679.65 (3 March 2025). The bank’s current market capitalisation is ₹8,85,816.22 crore. Promoter holding stands at 55.50%, while institutions and non-institutions hold 37.35% and 7.13% respectively.
SBI has subscribed to 5,10,000 equity shares of Raajmarg Infra Investment Managers via rights issue. With this purchase, SBI’s total shareholding has risen to 14,90,000 shares, representing a 7.45% stake. The investment supports the incorporation of the company, which will act as an investment manager for a proposed public InvIT to be sponsored by the National Highway Authority of India (NHAI).
State Bank of India is the country’s largest lender, offering a wide range of personal banking, agriculture and rural banking, NRI services, SME banking and corporate banking solutions.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
