The stock opened at Rs 694.0 and touched an intraday high and low of Rs 696.0 and Rs 685.55, respectively, in the session so far. Shares of the company of SBI Cards and Payment Services Ltd. quoted a 52-week high of Rs 769.0 and a 52-week low of Rs 495.25.
Total market cap of the SBI Cards and Payment Services Ltd. stood at Rs 65041.54 crore at the time of writing this report.
The company reported consolidated net sales of Rs 2433.24 crore for the quarter ended 31-Mar-2020, down 1.85 per cent from previous quarter’s Rs 2479.12 crore and down 22.69 per cent from the year-ago quarter’s Rs 1983.26 crore.
The net profit for latest quarter stood at Rs 83.5447 crore, down 66.41 per cent from the same quarter a year ago.
As of 31-Mar-2020, domestic institutional investors held 3.04 per cent stake in the company, while foreign institutional investors held 4.07 per cent and the promoters 69.55 per cent.
According to BSE data, the stock traded at a price-to-earnings multiple of 84.81 and a price-to-book ratio of 12.18. 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 and Payment Services Ltd. belongs to the Credit Card & Allied Services industry.