SBI Cards and Payment Services Limited (BOM: 543066)
India
· Delayed Price · Currency is INR | Market Cap | 724.46B |
| Revenue (ttm) | 106.42B |
| Net Income (ttm) | 22.10B |
| Shares Out | n/a |
| EPS (ttm) | 23.25 |
| PE Ratio | 32.78 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 41,339 |
| Average Volume | 52,676 |
| Open | 748.80 |
| Previous Close | 740.70 |
| Day's Range | 740.00 - 765.00 |
| 52-Week Range | 649.00 - 817.05 |
| Beta | n/a |
| RSI | 64.27 |
| Earnings Date | Jan 24, 2025 |
About SBI Cards and Payment Services
SBI Cards and Payment Services Limited, a non-banking financial company, issues credit cards to individual and corporate customers in India. The company also acts as corporate insurance agent for selling insurance policies to credit card customers. In addition, it offers corporate cards, central travel cards, utility cards, and purchase and virtual cards. The company was incorporated in 1998 and is based in Gurugram, India. SBI Cards and Payment Services Limited operates as a subsidiary of State Bank of India. [Read more]
Financial Performance
In 2023, SBI Cards and Payment Services's revenue was 110.93 billion, an increase of 12.41% compared to the previous year's 98.68 billion. Earnings were 24.08 billion, an increase of 6.62%.
Financial StatementsNews
UBS upgrades SBI Cards to ‘Neutral,’ raises target price to Rs 800 from Rs 600
UBS has upgraded SBI Cards from ‘Sell’ to ‘Neutral,’ increasing the target price to ₹800 from ₹600, implying a 4.9% potential upside from the current market price of ₹762.95. The brokerage highlighted...
Nomura on NBFCs stocks: Positive on Shriram Housing, Aadhar Housing Finance; Negative on SBI Cards, MMFS, CREDAG
Nomura has highlighted concerns regarding moderating growth in the NBFC sector, emphasizing that risks in unsecured retail loans remain a key focus area. According to RBI’s stress-test projections, no...
SBI Cards shares surge nearly 2% on positive October data
SBI Cards and Payment Services shares gained nearly 2% in early trade today after the company reported an increase in cards issuance and spending for October. As of the latest update, the stock is ref...
Morgan Stanley maintains Equal Weight rating on SBI Cards, spending market share stable in October
Morgan Stanley has maintained an ‘Equal Weight’ rating on SBI Cards, with a target price of ₹650. According to October data, the company’s spending market share remained stable month-on-month at 15.8%...
Stocks to watch today: Marico, Voltas, GSK Pharma, SBI Cards, and CONCOR post Q2 FY25 earnings results
Here’s a breakdown of key stocks in the spotlight today, October 30, 2024, based on their recent updates and Q2 performance: Stocks in Focus – Green Marico: The company’s Q2 results were largely in li...
SBI Card Share Price: Jefferies maintains Hold, cuts target to Rs 760, expects 9.8% upside from current market price
Jefferies has reiterated a Hold rating on SBI Cards, revising its target price down to ₹760 from previous levels, suggesting a potential upside of 9.8% from the current market price of ₹692.00. Key in...