sbi cards shares: SBI Cards shares drop 4% after March quarter results. Should you buy, sell or hold?

Shares of SBI Cards and Payment Services dropped 4% to the day’s low of Rs 718 on Monday after the company released its Q4 results on Friday wherein an 11% year-on-year (YoY) rise in profit after tax to Rs 662 crore for the quarter ended March 2024 was reported. Total revenue rose 14% YoY to … Read more

sbi cards shares: SBI Cards shares plunge over 6% post Q3 earnings. Here’s what brokerages recommend

Shares of SBI Cards and Payment Services plunged over 6% to the day’s low of Rs 710.50 on the BSE in Monday’s trade reacting to the not-so-optimistic view on the company’s growth outlook by a clutch of top domestic brokerages. Following SBI Card’s December quarter earnings, Motilal Oswal downgraded the stock to ‘Neutral’ while Nuvama … Read more