SBI Card shares down 1.71% as Nifty falls
SBI Cards and Payment Services Ltd. rose 1.71 per cent to Rs 825.05 in Monday's trade.
It hit an intraday high of Rs 841.15 and low of Rs 825.0, respectively, during the day.
The stock quoted a 52-week high price of Rs 982.2 and low of Rs 690.9.
As of 12:55PM (IST), the counter saw total traded volume of 31,956 shares with a traded value of Rs 265.0 crore, according to NSE.
The stock had closed at Rs 839.45 in the previous session.
The scrip has declined -1.99 per cent in the past one month till date, while the benchmark BSE Sensex has gained 3.62 per cent during the same period.
According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 35.12 while price-to-book ratio stood at 7.12. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.
The stock belongs to the Credit Card & Allied Services industry.
Promoter/FII Holding Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and MF ownership in the firm stood at 9.48 per cent and 11.79 per cent, respectively.
Key Financials The company reported consolidated sales of Rs 4046.11 crore for the quarter ended 30-Jun-2023, up 3.31 per cent from the previous quarter's Rs 3916.57 crore and up 24.01 per cent from the year-ago quarter's Rs 3262.85 crore. Its net profit for the latest quarter stood at Rs 593.31 crore, down 5.36 per cent from the same quarter a year ago.
