Bernstein Maintains Hold On SBI, Sell On SBI Cards | Watch Why

Certain metrics do not justify SBI Card’s 5.4 times price to book value ratio, Bernstein said.

SBI Cards Q1 Result Review: Outlook Cautious As Asset Quality Woes Drive Rating Downgrades

UBS downgraded SBI Cards to a sell rating, setting a target price of Rs 620 due to weak Q1 performance. Nomura kept a neutral stance on IndusInd Bank, reducing the target to Rs 1,580. Morgan Stanley and Macquarie maintained positive views on ICICI Bank, increasing their target prices to Rs 1,500 and Rs 1,300, respectively.

Hot stocks: Brokerage view on SBI Cards, IndusInd Bank and ICICI Bank

SBI Cards & Payment Services standalone net profit rises 0.19% in the June 2024 quarter

SBI Cards and Payment Services on Friday reported a net profit flat at Rs 594 crore in the first quarter of the current fiscal due to a rise in delinquencies.

SBI Card Q1 results: Net profit flat at Rs 594 cr on higher impairment

SBI Cards & Payment Services Ltd is quoting at Rs 730.7, down 0.03% on the day as on 13:19 IST on the NSE. The stock tumbled 15.6% in last one year as compared to a 24.56% rally in NIFTY and a 16.34% spurt in the Nifty Financial Services index.

SBI Cards & Payment Services Ltd eases for fifth straight session

Check the complete list of SBI Cards that will not get accrual of Reward Points on government related transactions from 15 July 2024.

SBI Cards Rule Change From Today: No Reward Points For THESE Transactions, Check Full List

Here is the complete list of SBI Cards that will not get accrual of Reward Points on government related transactions from 15 July 2024.

SBI Cards Rule Change From 15 July: No Reward Points For Govt Related Transactions, Check Full List Of Cards

Earlier this year, ICICI Bank and SBI Cards stopped offering reward points for rent payments on several credit cards

HDFC Bank imposes fee on credit card rent payments via CRED, Paytm, others

SBI Cards Q4 Results Post Strategy: खराब रहे कंपनी के नतीजों पर क्या है मैनेजमेंट का नज़रिया? 
Know Your Company में आज हम SBI Cards के Management संग करेंगे बातचीत और जानेंगे कैसे रहे कंपनी के नतीजे, साथ ही जानेंगे आगे के लिए कंपनी का Growth Outlook, देखें वीडियो

#sbi #sbicards #sbicardshsare #q4 #cnbcawaaz #businessnews #stockmarket #sharemarket #AajKaTajaKhabar #cnbcawaaz #marketnews #latestbusinessnews 

n18oc_business

Business News | CNBC Awaaz brings to you latest business news, live share market updates, stock market updates, top business news in india, stock market updates, ipo latest updates, news updates on banking and financials, realty sector and it sector. Watch business news live, business news and share market live updates on CNBC Awaaz. Stay tune to get all the news of pre-opening trades, opening trades, and top calls in pehla sauda. Know what market veterans have to say on the current market trends in big market voices. Watch final trade market strategy, btst stbt calls, intraday strategy and brokerage house calls, quarterly results expectations in kamai ka adda with anuj singhal and virendra kumar. Also stay tune to watch share market tomorrow strategy in kal ka bazaar. Watch CNBC Awaaz and get the best investment ideas.  

CNBC Awaaz is one of India’s top business channels and a leader in business news and information for the last ten years. Our channel aims to educate, inform and inspire consumers to go beyond limitations, with practical tips on personal finance, investing, technology, consumer goods and capital markets. Policymakers and business owners alike have grown to trust CNBC Awaaz as the most reliable source with its eye on India’s business climate. Our programming gives consumers a platform to make decisions with confidence. 

Subscribe to the CNBC Awaaz YouTube channel here: https://tinyurl.com/y5rsvesk

Follow CNBC Awaaz on Twitter: https://twitter.com/CNBC_Awaaz
Like us on our CNBC Awaaz Facebook page: https://www.facebook.com/cnbcawaaz
Website: https://hindi.cnbctv18.com/

SBI Cards Q4 Results Post Strategy: खराब रहे कंपनी के नतीजों पर क्या है मैनेजमेंट का नज़रिया?

HSBC Global Research has downgraded the stock to ‘reduce’ and cuts the target price to Rs 740 apiece.

Multiple Headwinds For SBI Cards Keep Brokerages Wary| Q4 Review

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

SBI Cards and Payment Services Private Limited is an India-based company engaged on marketing and distribution of credit cards.