NEW DELHI: Shares of SBI Cards & Payment Services traded 0.46 per cent up in Tuesday 's trade at 10:31AM (IST). Around 42569 shares changed hands on the counter.

The stock opened at Rs 578.55 and touched an intraday high and low of Rs 584.5 and Rs 567.2 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 769.0 and a 52-week low of Rs 501.1 .

Shareholding pattern
As of 31-Mar-2020 , DIIs held 5.58 per cent stake in the firm , while foreign institutional investors held 4.07 per cent and the promoters 69.55 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-book ratio of 13.43 . 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 no growth in the business.

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