Promoters held 0.0 per cent stake in the company as of 30-Jun-2023, while FII and DII ownership stood at 9.48 per cent and 11.79 per cent, respectively.
Sanjiv Bhasin of IIFL Securities believes that the market is pricing in a faster dovish stance by the Federal Reserve, making HCL Tech, Tech Mahindra, Persistent, and Coforge attractive investment options. He also mentions that midcap stocks are reaching new highs, and there are opportunities in the IPO market. Bhasin is bullish on SBI Card due to its growth potential in the credit card industry.
State Bank of India (SBI) Card has introduced AURUM, an exclusive credit card that offers a range of tailored indulgences and luxury experiences. The card provides travel privileges, including access to over 1,000 international airport lounges, a low forex mark-up on international transactions, and four complimentary domestic airport lounge visits per quarter.