{"id":137890,"date":"2024-10-31T22:00:00","date_gmt":"2024-10-31T16:30:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=137890"},"modified":"2024-10-30T12:48:07","modified_gmt":"2024-10-30T07:18:07","slug":"4-stocks-in-which-sbi-group-bought-fresh-stake-up-to-4-2-to-look-out-for","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/4-stocks-in-which-sbi-group-bought-fresh-stake-up-to-4-2-to-look-out-for\/","title":{"rendered":"4 Stocks in which SBI group bought fresh stake up to 4.2% to look out for\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-692203699\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The State Bank of India (SBI) Group, India&#8217;s largest public sector banking and financial services entity, offers a comprehensive range of services. With over 24,000 branches and 58,000 ATMs, SBI serves millions of customers globally, playing a pivotal role in India&#8217;s economic Development.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-909405600\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Here are the stocks in which SBI Group bought fresh stakes up to 4.2%; <\/strong><\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/AMBUJACEM\" target=\"_blank\" rel=\"noreferrer noopener\">Ambuja Cements Ltd<\/a>\u00a0<\/strong><\/h2><p>Ambuja Cements Limited&#8217;s major activity is the production and sale of cement and cement-related goods. The company&#8217;s products are Ambuja Cement, Ambuja Kawach, Ambuja Plus, Ambuja Cool Walls, Ambuja Compocem, Ambuja Buildcem, Ambuja Powercem, Ambuja Railcem, and Alccofine.&nbsp;<\/p><p>With a market capitalization of Rs 1.40 lakh crore, the shares were trading at Rs 572 per share, decreasing around 0.20 percent as compared to the previous closing price.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1529612984\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p><strong>SBI group bought 36,283,777 equity shares which is equivalent to 1.5 percent of the company as of September 2024.\u00a0<\/strong><\/p><p>The company\u2019s revenue stood at Rs 8,311 crore in Q2FY25, during the same time frame, net profit stood at Rs 790 crore.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/BERGEPAINT\" target=\"_blank\" rel=\"noreferrer noopener\">Berger Paints (India) Ltd<\/a>.\u00a0<\/strong><\/h2><p>Berger Paints India Limited manufactures and sells paint. The company sells products in several areas, including interior wall coatings, external wall coatings, exterior textures, metal finishes, wood finishes, undercoats, and waterproofing solutions.&nbsp;<\/p><p>With a market capitalization of Rs 64,976 crore, the shares were trading at Rs 557 per share, increasing around 0.14 percent as compared to the previous closing price.&nbsp;<\/p><p><strong>SBI group bought 16,275,541 equity shares which is equivalent to 1.4 percent of the company as of September 2024.\u00a0<\/strong><\/p><p>The company\u2019s revenue stood at Rs 3,091 crore in Q2FY25, during the same time frame, net profit stood at Rs 354 crore.<\/p><div class=\"trade-content-10\" id=\"trade-399976630\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/CANFINHOME\" target=\"_blank\" rel=\"noreferrer noopener\">Can Fin Homes Ltd<\/a>.\u00a0<\/strong><\/h2><p>Can Fin Homes Limited is engaged in corporate insurance agency business activity. The Company offers various types of housing loans, such as individual housing loans, affordable housing loans, composite loans, and top-up loans.&nbsp;<\/p><p>With a market capitalization of Rs 11,446 crore, the shares were trading at Rs 860 per share, decreasing around 0.20 percent as compared to the previous closing price.&nbsp;<\/p><p><strong>SBI group bought 5,528,500 equity shares which is equivalent to 4.2 percent of the company as of September 2024.\u00a0<\/strong><\/p><p>The company\u2019s revenue stood at Rs 931 crore in Q2FY25, during the same time frame, net profit stood at Rs 200 crore.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/EIHOTEL\" target=\"_blank\" rel=\"noreferrer noopener\">EIH Ltd.\u00a0<\/a><\/strong><\/h2><p>EIH Limited is an India-based luxury hospitality company. The Company is primarily engaged in owning and managing luxury hotels and cruisers under the luxury Oberoi and Trident brands. The Company is also engaged in flight catering, airport restaurants, project management, and corporate air charters.&nbsp;<\/p><p>With a market capitalization of Rs 24,517 crore, the shares were trading at Rs 392 per share, decreasing around 1.74 percent as compared to the previous closing price.&nbsp;<\/p><p><strong>SBI group bought 7,613,911 equity shares which is equivalent to 1.2 percent of the company as of September 2024.\u00a0<\/strong><\/p><p>The company\u2019s revenue stood at Rs 527 crore in Q2FY25, during the same time frame, net profit stood at Rs 97 crore.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3774690376\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The State Bank of India (SBI) Group, India&#8217;s largest public sector banking and financial services entity, offers a comprehensive range of services. With over 24,000 branches and 58,000 ATMs, SBI serves millions of customers globally, playing a pivotal role in India&#8217;s economic Development.&nbsp; Here are the stocks in which SBI Group bought fresh stakes up [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13276,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[8857,10791,17997,16477,948,936],"class_list":["post-137890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ambuja-cements-share-price","tag-berger-paints-share-price","tag-can-fin-homes-share-price","tag-eih-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>4 Stocks in which SBI group bought fresh stake up to 4.2% to look out for\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The State Bank of India (SBI) Group, India&#039;s largest public sector banking and financial services entity, offers a comprehensive range of services. 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