NEW DELHI: Shares of SBI Cards & Payment Services traded 2.19 per cent up in Thursday 's trade at 10:47AM (IST). Around 105919 shares changed hands on the counter.

The scrip opened at Rs 590.0 and touched an intraday high and low of Rs 596.55 and Rs 585.0 , respectively, in the session so far. Shares of the company 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 , DIIs 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 P/E 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.

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