Share price of SBI Card jumps as Sensex gains 219.45 points
Promoters held 0.11 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 9.35 per cent and 10.66 per cent, respectively.
The share price of Ltd. gained 0.84 per cent to Rs 732.35 at 11:06AM (IST) in Thursday's trade. The counter has hit a high of Rs 741.6 and low of Rs 727.35 so far during the session. The stock had closed at Rs 726.2 in the previous session.The counter has had a total traded volume of 50290 shares so far with a value of Rs 3.69 crore on the . It traded at a price-to-earnings multiple of 29.48 and a price-to-book ratio of 7.12.
A higher price-to-earnings 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 declined 4.86 per cent during the past one year, while the 30-share index advanced 22.28 per cent during the same period.
Ltd. belongs to the Credit Card & Allied Services industry.
Promotor/FII Holding
Promoters held 0.11 per cent stake in the company as of 31-Dec-2023, while overseas investors and domestic institutional investors ownership stood at 9.35 per cent and 10.66 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.
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
