SBI Cards Shares: Buy SBI Cards and Payment Services, target price Rs 1100: Motilal Oswal | Rare Techy


with a target price of Rs 1100.0 buy call on Ltd. The current market price of SBI Cards and Payment Services Ltd. 813.1 is Rs.

SBI Cards and Payment Services Ltd., incorporated in the year 1998, is a Small Cap company (having a market cap of Rs 76640.05 Million) operating in Financial Services sector.

SBI Cards and Payment Services Ltd. Key Products/Revenue Segments include Fees and Commission Income, Interest, Other Services, Sales of Services and Commission for the year ending 31-March-2022.


For the quarter ended 30-09-2022, the company reported a Net Income of Rs 3453.32 crore, up 5.84% from Rs 3262.85 crore in the previous quarter and up 28%. 12% from the same quarter last year Total Revenue of Rs.26895. The company reported a net profit after tax of Rs 525.64 crore in the last quarter.

Promoter / FII Holdings
Promoters held 69.64 per cent stake in the company as on 30-June-2022, while FIIs held 8.29 per cent, DIIs 16.24 per cent.

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