SBI Card shares rise 0.2% in Tuesday’s trade

SBI Card shares rise 0.2% in Tuesday’s trade

Shares of SBI Cards and Payment Services Ltd. rose 0.2% to Rs 750.0 in Tuesday’s trade. It hit an intraday high of Rs 759.6 and low of Rs 748.3, respectively. The stock quoted a 52-week high price of Rs 932.35 and low of Rs 690.9. As of 12:38PM (IST), the counter saw total traded volume of 28,570 shares with a traded value of Rs 2.14 crore, according to NSE. The stock had closed at Rs 751.55 in the previous session. The scrip has advanced 0.41% in the past one month till date, while the benchmark BSE Sensex has gained 7.81% during the same period. According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 30.84 while price-to-book ratio stood at 7.12. The stock belongs to the Credit Card & Allied Services industry. Promoters held 0.0% stake in the company as of 30-Sep-2023, while FII and MF ownership in the firm stood at 9.09% and 11.73%, respectively. The company reported consolidated sales of Rs 4221.4 crore for the quarter ended 30-Sep-2023, up 4.33% from the previous quarter’s Rs 4046.11 crore and up 22.24% from the year-ago quarter’s Rs 3453.32 crore. Its net profit for the latest quarter stood at Rs 602.98 crore, up 14.71% from the same quarter a year ago. Download The Economic Times News App to get Daily Market Updates & Live Business News. Subscribe to The Economic Times Prime to read the Economic Times ePaper Online and Sensex Today Live.

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