NCLT Declares Videocon's Venugopal Dhoot Bankrupt Over Rs 12,668 Crore SBI Dues
State Bank of India reported results.
· NDTV Profit
The Mumbai bench of NCLT appointed Asish Narayan as bankruptcy trustee after creditors rejected Dhoot's Rs 600 crore repayment proposal linked to a proposed real estate project in Siliguri.
The analysis
State Bank of India reported Rs 12,668 Crore and Rs 600 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.5% on the day at ₹1,001.50, and has returned -4.6% over three months. It sits 18% below its 52-week high. The banks sector has moved -2.8% over the same period, so State Bank of India is running 1.8 points behind its peers.
For State Bank of India, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Why it matters
- With NCLT involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: State Bank of India (SBI) (SBIN), in Banks.
- Over three months: State Bank of India (SBI) -4.6% against Banks -2.8% (1.8 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| State Bank of India (SBI)SBIN · Banks | ₹1,001.50 | -0.5% | +5.0% | -4.6% | -18.4% | 0.6× | — |
Banks
1M +0.8% · 3M -2.8%
State Bank of India (SBI)
Real Estate
1M +2.1% · 3M -6.6%
Prices as of 6 Nov 2026, 12:34 IST. Sector moves are the average of the stocks we track in each sector.
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