Share price of SBI Card falls as Sensex drops 538.58 points
A total of 116,739 shares changed hands on the counter till 11:52AM (IST)
Share price of Ltd. dropped 1.15 per cent to Rs 729.4 at 11:52AM (IST) in Monday's trade. The scrip hit a high of Rs 732.35 and low of Rs 715.75 so far during the session. The stock had closed at Rs 737.9 in the previous session.The counter had a total traded volume of 11:52AM shares so far with a turnover of Rs 8.45 crore on . The stock traded at a price-to-earnings multiple of 29.62 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Ltd. belongs to the Credit Card & Allied Services industry.
Promotor/FII Holding
Promoters held 68.75 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 9.35 per cent and 16.25 per cent, respectively.
Key Financials
The company reported consolidated sales of Rs 4741.6 crore for the quarter ended 31-Dec-2023, up 12.32 per cent from the previous quarter's Rs 4221.4 crore and up 29.69 per cent from the year-ago quarter's Rs 3656.15 crore.
Its profit for the latest quarter stood at Rs 549.08 crore, up 7.78 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
