Investment Rationale
The brokerage believes SBIC has strong moats to support robust long-term growth and aid gains in market share moving forward. It maintains BUY recommendation on the stock with a revised target price of Rs 1,240/share (45x FY23E EPS), implying an upside of 10% from CMP.
The brokerage believes SBIC has strong moats to support robust long-term growth and aid gains in market share moving forward. It maintains BUY recommendation on the stock with a revised target price of Rs 1,240/share (45x FY23E EPS), implying an upside of 10% from CMP.
SBI Cards and Payment Services Limited quote is equal to 927.250 INR at 2021-12-10. Based on our forecasts, a long-term increase is expected, the “SBICARD” stock price prognosis for 2026-12-07 is 1739.710 INR. With a 5-year investment, the revenue is expected to be around +87.62%.
Is SBI card a midcap?
With a market-capitalisation (m-cap) of Rs 1.02 trillion, State Bank of India-arm SBI Cards and Payment Services on Friday stood at 34th position in the overall m-cap ranking, BSE data showed. The firm’s m-cap is now more than that of Tata Motors, Shree Cement, and JSW Steel.
Why did SBI card fall today?
SBI Cards share price fell by over 4% on Tuesday (September 21) after US-based private equity firm, The Carlyle Group offloaded a 3.4% stake in the company, mopping up approximately ₹3,267 crore from the markets.
Stocks to Buy Today: Best Shares to Buy in India
Name | LTP | Low |
---|---|---|
Axis Bank | 688.05 | 684 |
B P C L | 396.95 | 391 |
Bajaj Auto | 3,344.75 | 3,320 |
Bajaj Finance | 7,452.50 | 7,360 |
State Bank Of India SBIN share price target tomorrow IntraDay
First down price target | 492.73 | 495.88 |
---|---|---|
Second down price target | 487.42 | 496.82 |
Third down price target | 485.33 | 498.97 |
Fourth down price target | 483.73 | 500.22 |
Fifth down price target | 482.02 | 503.23 |
NSE 921.95 -33.80 ( -3.54 %)
OPEN | 955.75 |
---|---|
52-WEEK HIGH | 1165.00 |
52-WEEK LOW | 799.00 |
MARKET CAP | 86949.83 |
BUY Price | 921.95 |