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SBI Cards & Payment Services Ltd (SBICARD)

₹694.050.47%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

SBI Cards & Payment Services Ltd share Performance

  • ₹690
    ₹702.5
    ₹694.05
    downward going graph

    0.58%

    Low

    Day's Volatility:1.80%

    High

    1.22%

    downward going graph
  • ₹678.9
    ₹933
    ₹694.05
    downward going graph

    2.18%

    Low

    52 Weeks Volatility:36.61%

    High

    34.43%

    downward going graph
1 Month Return-4.26 %
3 Month Return-2.87 %
1 Year Return-23.96 %
Previous Close₹697.30
Open₹696.80
Volume18.21L
Upper Circuit-
Lower Circuit-
Market Cap₹66,311.22Cr

Analyst Rating

based on 26 analysts

HOLD
26.92%
Buy
30.77%
Hold
42.31%
Sell

Based on 26 analysts offering long term price targets for SBI Cards & Payment Services Ltd. An average target of ₹768.81

Source: S&P Global Market Intelligence

Company Information

SBI Cards & Payment Services Ltd (SBICPSL) is an Indian financial services company incorporated in October 1998. It is a subsidiary of the State Bank of India, the country's largest lender. SBICPSL is the second largest credit card issuer in India and is a major player in the payments space.

SBICPSL's main operations are in credit cards and payments. It offers a range of credit cards, debit cards, prepaid cards, and digital payments solutions. It also provides merchant acquiring services, loyalty programs, and insurance products.

The company's top products include the SBI Card, a co-branded credit card with the State Bank of India; YONO, a digital banking and payments app; and the SBI Rewardz loyalty program. It also offers a range of co-branded credit cards with popular brands such as Amazon, Flipkart, and MakeMyTrip.

Share Price: ₹694.05 per share as on 30 May, 2024 04:01 PM
Market Capitalisation: ₹66,311.22Cr as of today
Listing date: 16 Mar, 2020
Chairperson Name: DINESH KUMAR KHARA
OrganisationSBI Cards & Payment Services Ltd
HeadquartersGurugram
IndustryFinance
E-voting on sharesClick here to vote

Key events for SBI Cards & Payment Services Ltd

  • SBI Card's Profit Growth Disappoints Investors Despite 25% Increase in Credit Card Spending - 02 May, 2024

    SBI Cards and Payments Services Ltd reported a healthy 25% growth in overall credit card spending in FY24, but its net profit rose by only 11%, disappointing investors. The company plans to convert outstanding dues to EMI of 12 months or more for certain customers, but high customer default rates remain a concern. Unless it addresses this issue, investors are likely to adopt a wait-and-watch approach.

  • Mixed Results for SBI Cards & Payment Services Ltd. - 29 Apr, 2024

    SBI Cards & Payment Services reported mixed Q4 FY24 results with a decline in NIM and deteriorating asset quality despite strong earnings growth. Brokerages remain cautious, with HSBC downgrading rating to Reduce. Shares drop over 4%.

  • SBI Cards & Payment Services Reports Strong Financial Results - 28 Apr, 2024

    SBI Cards & Payment Services reports strong financial results with double-digit YoY revenue and profit growth in both Q4 and FY2024. The company's shares are up 4.46% from a week ago.

  • SBI Cards & Payment Services Reports Rise in Q4 Net Profit - 27 Apr, 2024

    SBI Cards and Payment Services reported an 11% YoY increase in net profit for Q4 FY24, driven by a growth in receivables and credit card spends. However, the company's asset quality worsened with gross non-performing assets rising to 2.76%. The company's cards-in-force market share also fell to 18.6% as of March 31 from 19.7% a year ago.

  • SBI Cards & Payment Services Reports 11% Rise in Q4FY24 Net Profit - 26 Apr, 2024

    SBI Cards & Payment Services reported an 11.05% YoY rise in net profit to Rs 662.37 crore for Q4FY24. The company's Gross NPA and Net NPA as of March 31, 2024 is 2.76% and 0.99%, respectively. Revenue from operations increased 15.6% YoY to Rs 4,347.72 crore.

  • SBI Card Launches New Credit Card Variants; Q4 Results Awaited - 25 Apr, 2024

    SBI Card has launched new credit card variants offering travel benefits, while SBI Cards and Payment Services is set to announce its Q4 results.

  • SBI Card Launches Travel-Centric Credit Card; Profit Expected to Drop in Q4 FY24 - 24 Apr, 2024

    SBI Card has launched its first travel-centric core credit card, SBI Card MILES, offering conversion of travel credits to air miles and hotel points, accelerated rewards, and airport lounge access. However, the company is expected to report a drop in Q4 FY24 profit due to an increase in provisions.

  • SBI Card's Credit Cost Higher Than Parent SBI - 12 Apr, 2024

    SBI Cards & Payment Services Ltd, a subsidiary of State Bank of India, has reported a credit cost higher than its parent bank due to high default rates on unsecured loans despite the high interest rates charged.

  • Experts Suggest Short-Term Buy for SBI Cards & Payment Services - 10 Apr, 2024

    SBI Cards & Payment Services has fallen over 20% from its highs but a breakout from a falling wedge formation on the daily charts suggests room for further upside. Short-term traders can look to buy the stock now for a target of Rs 770-830 in the short term.

  • Anand Rathi Recommends Buy on SBI Cards & Payment Services - 08 Apr, 2024

    Anand Rathi has recommended a buy call on SBI Cards and Payment Services with a target price of Rs 840. The company reported a standalone total income of Rs 4741.60 crore, up 12.32% from the last quarter and up 29.69% from the same quarter last year. Promoters hold 68.75% stake in the company.

Fundamentals of SBI Cards & Payment Services Ltd

Insights on SBI Cards & Payment Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 5.61% to 6.10% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 125.8% return, outperforming this stock by 159.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 67.6% return, outperforming this stock by 91.6%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 10.66% to 9.95% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 9.35% to 8.59% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 68.75% to 68.63% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, SBICARD stock has moved down by -24.0%

Mutual Fund Holdings

Funds Holdings
ICICI Prudential Multi-Asset Fund Direct Plan GrowthICICI Prudential Multi-Asset Fund Direct Plan Growth2.54%
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth1.24%
ICICI Prudential ELSS Tax Saver Fund Direct Plan GrowthICICI Prudential ELSS Tax Saver Fund Direct Plan Growth2.89%
ICICI Prudential Large & Mid Cap Fund Direct Plan GrowthICICI Prudential Large & Mid Cap Fund Direct Plan Growth2.95%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth1.59%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
68.63%
0.00
Foreign Institutions
8.59%
0.00
Mutual Funds
9.95%
0.00
Retail Investors
6.09%
0.00
Others
6.73%
0.00

Technicals of SBI Cards & Payment Services Ltd share

News & Events of SBI Cards & Payment Services Ltd

Frequently Asked Questions

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  • Fund your Trading account.
  • Place an order to buy SBI Cards & Payment Services Ltd shares.

SBI Cards & Payment Services Ltd (SBICARD) share price today is ₹694.05

SBI Cards & Payment Services Ltd is listed on NSE

SBI Cards & Payment Services Ltd is listed on BSE

  • Today’s highest price of SBI Cards & Payment Services Ltd is ₹702.5.
  • Today’s lowest price of SBI Cards & Payment Services Ltd is ₹690.

Today’s traded volume of SBI Cards & Payment Services Ltd(SBICARD) is 18.21L.

Today’s market capitalisation of SBI Cards & Payment Services Ltd(SBICARD) is ₹66311.22Cr.

SBI Cards & Payment Services Ltd(SBICARDPrice
52 Week High
₹933
52 Week Low
₹678.9

SBI Cards & Payment Services Ltd(SBICARD) share price is ₹694.05. It is down -25.61% from its 52 Week High price of ₹933

SBI Cards & Payment Services Ltd(SBICARD) share price is ₹694.05. It is up 2.23% from its 52 Week Low price of ₹678.9

SBI Cards & Payment Services Ltd(SBICARDReturns
1 Day Returns
-3.25%
1 Month Returns
-4.26%
3 Month Returns
-2.87%
1 Year Returns
-23.96%