Share price of SBI Card jumps as Sensex gains 279.15 points

Share price of SBI Cards and Payment Services Ltd. gained 0.12 per cent to Rs 772.8 at 12:25PM (IST) in Tuesday's trade. The scrip hit a high of Rs 786.85 and low of Rs 754.0 so far during the session. The stock had closed at Rs 771.85 in the previous session.

The counter had a total traded volume of 12:25PM shares so far with a turnover of Rs 2.79 crore on BSE. The stock traded at a price-to-earnings multiple of 32.56 and a price-to-book ratio of 10.36.

A higher P/E ratio shows 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 is the measure of the price that investors are ready to pay even for no growth in the business.

SBI Cards and Payment Services Ltd. belongs to the Credit Card & Allied Services industry.

Promotor/FII Holding
Promoters held 69.02 per cent stake in the company as of 31-Mar-2023, while overseas investors and domestic institutional investors ownership stood at 8.45 per cent and 17.46 per cent, respectively.

Key Financials
The company reported consolidated net sales of Rs 3656.15 crore for the quarter ended 31-Dec-2022, up 5.87 per cent from the previous quarter's Rs 3453.32 crore and up 16.45 per cent from the year-ago quarter's Rs 3139.66 crore.

Its profit for the latest quarter stood at Rs 509.46 crore, up 32.06 per cent from the same quarter a year ago.