Exit SBI, says SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "One may exit from State Bank of India ( SBI )."

At 14:15 hrs State Bank of India was quoting at Rs 1,608.20, up Rs 117.15, or 7.86 percent.

The share touched its 52-week high Rs 2,550 and 52-week low Rs 1,452.90 on 10 January, 2013 and 28 August, 2013, respectively.

The company's trailing 12-month (TTM) EPS was at Rs 130.15 per share. (Jun, 2013). The stock's price-to-earnings (P/E) ratio was 12.36. The latest book value of the company is Rs 1445.60 per share. At current value, the price-to-book value of the company was 1.11. The dividend yield of the company was 2.58 percent.

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