SBI Cards and Payment Services trades higher on reporting 2-fold jump in Q4 net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
SBI Cards and Payment Services is currently trading at Rs. 929.20, up by 10.10 points or 1.10% from its previous closing of Rs. 919.10 on the BSE.
The scrip opened at Rs. 921.90 and has touched a high and low of Rs. 1035.20 and Rs. 911.00 respectively. So far 99265 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1149.00 on 24-Feb-2021 and a 52 week low of Rs. 495.25 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 1035.20 and Rs. 911.00 respectively. The current market cap of the company is Rs. 87294.87 crore.
The promoters holding in the company stood at 69.40%, while Institutions and Non-Institutions held 14.59% and 16.01% respectively.
SBI Cards and Payment Services has reported 2-fold jump in its net profit at Rs 175.42 crore for the fourth quarter ended March 31, 2021as compared to Rs 83.55 crore for the same quarter in the previous year. However, total income of the company decreased by 1.68% at Rs 2,468.14 crore for Q4FY21 as compared Rs 2,510.40 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported a fall of 20.91% in its net profit at Rs 984.52 crore as compared to Rs 1,244.82 crore for the previous year. Total income of the company marginally decreased by 0.40% at Rs 9,713.58 crore for year under review as compared to Rs 9,752.29 crore for year ended March 31, 2020.
.jpg)
