Trending stocks: SBI Card shares down nearly 1%

NEW DELHI: Shares of SBI Cards & Payment Services Ltd. traded -0.63 per cent down in Tuesday 's trade at 10:28AM (IST).

Around 37073 shares changed hands on the counter. The stock opened at Rs 555.05 and touched an intraday high and low of Rs 561.8 and Rs 547.4 , respectively, in the session so far. The stock quoted a 52-week high of Rs 753.9 and a 52-week low of Rs 0.0 .

Shareholding pattern

As of 31-Mar-2020 , domestic institutional investors held 3.0430105 per cent stake in the company, while foreign institutional investors held 4.0715404 per cent and the promoters 69.545105 per cent.

Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 0.0 and a price-to-book ratio of 42.67 .A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for 'nil' growth in the business.The stock belongs to the Credit Card & Allied Services industry.