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    SBI Card shares drop 1.16% as Sensex falls

    Synopsis

    A total of 7,186 shares changed hands on the counter till 01:22PM (IST)

    NiftyGetty Images
    India 10-year bond yield rose 0.05 per cent to 6.03 after trading in 6.02-6.04 range.
    Shares of the SBI Cards and Payment Services Ltd. traded at Rs 748.2 on BSE at 01:22PM (IST) on Wednesday, down 1.16 per cent. The stock quoted a 52-week low price of Rs 656.1 and a high of Rs 1028.75.

    Earlier in the day, the stock saw a gap up opening.

    At the prevailing price, the stock traded at 31.92 times its trailing 12-month EPS of Rs 23.72 per share and 10.36 times its book value, as per BSE data.

    A total of 7,186 shares changed hands on the counter till 01:22PM (IST). The stock commands a market value of Rs 71589.5 crore and is part of the Credit Card & Allied Services industry.

    The scrip has been an underperformer , up 2.43 per cent in the past one year in comparison with a 10.62 per cent gain in Sensex.

    During the day, the stock moved between Rs 758.45 and Rs 747.15.

    Promoter/FII Holding
    Promoters held 0.04 per cent in the company as of 31-Dec-2022. FII and MF ownership in SBI Cards and Payment Services Ltd. stood at 9.13 per cent and 11.67 per cent, respectively.
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