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.
