Gainers & Losers: SBI, Shipping Corporation and PFC among 6 big movers on Monday

SBIShares of State Bank of India (SBI) surged 8% intraday to hit the 52-week high of Rs 1,150 on the NSE following strong Q3 earnings on Saturday. The PSU bank reported a 24% YoY growth in its standalone net profit at Rs 21,028 crore while its net interest income increased 9% YoY to Rs 45,190 crore. The stock has also received favourable brokerage reviews, giving a fresh impetus to the stock. It ended at Rs 1,147.80. ...