Sbi Group is a large group consisting of State bank of India Limited which is its flagship company and many more noticeable subsidiaries like SBI life Insurance Limited, SBI Capital markets Limited, SBI Funds Management Limited etc through which it holds a large portfolio consisting of 156 stocks in India with a net worth of Rs. 411,218.9 Crores as per the reports.
These are the list of stocks that SBI Group holds under Rs. 150
Motherson sumi wiring Limited
On November 3,2023 the shares of Motherson sumi wiring Limited were trading at Rs. 59.10 up 0.60 percent from its previous day close price and its market capitalization is Rs. 26,111 Crore. Sbi Group holds 2.35 percent stake in the company consisting of 10,40,90,088 equity shares.
Its revenue grew 25.24 percent from Rs. 5,635 Crores in FY22 to Rs. 7,057.4 Crores in FY23, accompanied by increasing profits of Rs. 410.7 Crores to Rs. 487 Crores.
It has reported a return on equity (ROE) of 39.83 percent and a return on capital employed (ROCE) of 53.41 percent, it is making good returns on its equity and capital employed.
Motherson sumi wiring india Limited (MSWIL) is a leading and fast-growing full-system solutions provider to OEMs in the wiring harness segment in India.
Tata Steel Limited
In the same trading session, the shares of Tata Steel Limited were trading at Rs. 118.15 up 0.042 percent percent from its previous day close price and its market capitalization is Rs. 1,44,378 Crores. Sbi Group jointly holds 4.17 percent stake in the company consisting of 50,98,08,811equity shares.
Its revenue declined 0.25 percent from Rs. 2,43,959.17 Crores in FY22 to Rs. 2,43,352.69 Crores in FY23, accompanied by decreasing profits of Rs. 40,153.93 Crores to Rs. 8,760.4 Crores.
It has reported a return on equity (ROE) of 7.48 percent and a return on capital employed (ROCE) of 13.53 percent, it is making decent returns on its equity and capital employed.
Tata steel limited is one of the leading steel manufacturing companies around the globe which is into mining and processing of iron ore and coal for producing and selling finished goods and it is also part of the famous Indian conglomerate the Tata Group.
Bharat Electronics Limited
In the day’s trade on November 3, 2023 the shares of Bharat Electronics Limited were trading at Rs.135.85 up 0.82 percent from its previous day close price and its market capitalization is Rs. 99,266 Crores. Sbi Group holds 1.09 percent stake in the company consisting of 7,94,95,855 equity shares.
Its revenue grew 15.4 percent from Rs. 15,368.18 Crores in FY22 to Rs. 17,734.44 Crores in FY23, accompanied by increasing profits of Rs. 2,398.87 Crores to Rs. 2,984.42 Crores.
It has reported a return on equity (ROE) of 22.49 percent and a return on capital employed (ROCE) of 30.15 percent, it is making good returns on its equity and capital employed.
Bharat Electronics Limited is a public sector undertaking that operates in the aerospace and defence sector, it primarily manufactures advanced electronic products for ground and aerospace applications.
Written by: Bharath K.S
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