SBI Cards & Payment Services Ltd (SBICARD)
₹728.3▲0.58%
SBI Cards & Payment Services Ltd share Performance
- ₹724₹735₹728.3
0.59%
Low
Day's Volatility:1.51%
High
0.92%
- ₹678.9₹933₹728.3
6.78%
Low
52 Weeks Volatility:34.89%
High
28.11%
| Returns % | |
| 1 Month Return | 5.85 % |
| 3 Month Return | 2.3 % |
| 1 Year Return | -6.86 % |
| Market Stats | |
| Previous Close | ₹724.10 |
| Open | ₹726.50 |
| Volume | 23.18L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹69,259.23Cr |
Analyst Rating
based on 26 analysts
Based on 26 analysts offering long term price targets for SBI Cards & Payment Services Ltd. An average target of ₹774.69
Source: S&P Global Market Intelligence
Company Information
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: ₹728.30 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹69,259.23Cr as of today
Listing date: 16 Mar, 2020
Chairperson Name: DINESH KUMAR KHARA
| Organisation | SBI Cards & Payment Services Ltd |
| Headquarters | Gurugram |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for SBI Cards & Payment Services Ltd
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.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 5.61% to 6.10% in Mar 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Shriram Finance Ltd has given 92.5% return, outperforming this stock by 99.4%
- NO EFFECT
Against Peers
In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 113.4% return, outperforming this stock by 138.9%
NEGATIVE IMPACTPrice Dip
In the last 3 years, SBICARD stock has moved down by -25.5%
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 9.35% to 8.59% in Mar 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 68.75% to 68.63% in Mar 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 10.66% to 9.95% in Mar 2024 quarter
Mutual Fund Holdings
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M 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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SBI Cards & Payment Services Ltd (SBICARD) share price today is ₹728.3
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 ₹735.
- Today’s lowest price of SBI Cards & Payment Services Ltd is ₹724.
Today’s traded volume of SBI Cards & Payment Services Ltd(SBICARD) is 23.18L.
Today’s market capitalisation of SBI Cards & Payment Services Ltd(SBICARD) is ₹69259.23Cr.
| SBI Cards & Payment Services Ltd(SBICARD | Price |
|---|---|
52 Week High | ₹933 |
52 Week Low | ₹678.9 |
SBI Cards & Payment Services Ltd(SBICARD) share price is ₹728.3. It is down -21.94% from its 52 Week High price of ₹933
SBI Cards & Payment Services Ltd(SBICARD) share price is ₹728.3. It is up 7.28% from its 52 Week Low price of ₹678.9
| SBI Cards & Payment Services Ltd(SBICARD | Returns |
|---|---|
1 Day Returns | 4.2% |
1 Month Returns | 5.85% |
3 Month Returns | 2.3% |
1 Year Returns | -6.86% |