The counter has had a total traded volume of 25430 shares so far with a value of Rs 2.2 crore on the NSE. It traded at a price-to-earnings multiple of 36.36 and a price-to-book ratio of 7.12.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 18.34 per cent during the past one year, while the 30-share index advanced 22.36 per cent during the same period.
SBI Cards and Payment Services Ltd. belongs to the Credit Card & Allied Services industry.
Promotor/FII Holding
Promoters held 0.04 per cent stake in the company as of 31-Mar-2023, while overseas investors and domestic institutional investors ownership stood at 8.45 per cent and 12.16 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 3916.57 crore for the quarter ended 31-Mar-2023, up 7.12 per cent from the previous quarter's Rs 3656.15 crore and up 29.86 per cent from the year-ago quarter's Rs 3016.1 crore.
Profit for the latest quarter stood at Rs 596.47 crore, up 2.69 per cent from the same quarter a year ago.
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