SBI Cards & Payment Services Ltd is up for a fifth straight session today. The stock is quoting at Rs 945.35, up 0.96% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 17708.45. The Sensex is at 59371.23, up 0.21%. SBI Cards & Payment Services Ltd has gained around 3.19% in last one month.

Meanwhile, Nifty Energy index of which SBI Cards & Payment Services Ltd is a constituent, has gained around 3.47% in last one month and is currently quoting at 18264.9, up 0.26% on the day. The volume in the stock stood at 4.43 lakh shares today, compared to the daily average of 20.21 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 949.55, up 1.05% on the day. SBI Cards & Payment Services Ltd is down 12.58% in last one year as compared to a 1.99% jump in NIFTY and a 1.15% jump in the Nifty Energy index.

The PE of the stock is 45.56 based on TTM earnings ending June 22.

Powered by Capital Market - Live News

SBI Cards & Payment Services has allotted 28550 Equity shares of Rs. 10 each to the eligible employee of the Company pursuant to the exercise of options under the SBI Card - Employee Stock Option Plan 2012 (ESOP Scheme 2019) at the exercise price of Rs. 152.10 per share.

Post allotment, the paid-up capital of the Company has increased from Rs. 9,43,29,14,140/- consisting of 94,32,91,414 equity shares of Rs. 10/- each to Rs. 9,43,31,99,640/- consisting of 94,33,19,964 equity shares of Rs. 10/- each.

Powered by Capital Market - Live News

Shares of SBI Card surged 10.28% in the past four trading sessions.

The stock had outperformed the market over the past one month, rising 13.06% compared with 10.12% rise in the Sensex.

The scrip outperformed the market in past one quarter, jumping 28.99% as against Sensex's 10.76% rise.

The scrip had also underperformed the market in past one year, falling 5.43% as against Sensex's 7.93% rise.

On the BSE, 1.87 lakh shares were traded in the counter so far compared with average daily volumes of 81,892 shares in the past two weeks. The stock hit a high of Rs 987.95 and a low of Rs 942.90 so far during the day.

The stock hit a 52-week high of Rs 1164.65 on 1 September 2021. The stock hit a 52-week low of Rs 656.1 on 20 June 2022.

SBI Cards and Payment Services is a non-banking financial company that offers extensive credit card portfolio to individual cardholders and corporate clients.

SBI Cards and Payment Services' net profit soared 105.81% to Rs 626.91 crore on 31.26% rise in total income to Rs 3,262.85 crore in Q1 FY23 over Q1 FY22.

Powered by Capital Market - Live News

SBI Cards & Payment Services announced that the 24th Annual General Meeting (AGM) of the company will be held on 26 August 2022.

Powered by Capital Market - Live News