SBI Cards & Payment Services Ltd soars 0.13%, rises for fifth straight session

28 Aug 2024

SBI Cards & Payment Services Ltd soars 0.13%, rises for fifth straight session

SBI Cards & Payment Services Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 737.7, up 0.13% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 25098.9. The Sensex is at 81934.07, up 0.27%. SBI Cards & Payment Services Ltd has risen around 4.21% in last one month.

Meanwhile, Nifty Financial Services index of which SBI Cards & Payment Services Ltd is a constituent, has risen around 1% in last one month and is currently quoting at 23578.8, down 0.13% on the day. The volume in the stock stood at 10.72 lakh shares today, compared to the daily average of 13.21 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 739, up 0.06% on the day. SBI Cards & Payment Services Ltd is down 10.53% in last one year as compared to a 29.76% spurt in NIFTY and a 18.93% spurt in the Nifty Financial Services index.

The PE of the stock is 29.08 based on TTM earnings ending June 24.

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