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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 days 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. ....

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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 and InCred reiterated their Reduce ratings. ....

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SBI Card shares in focus as NBFC gives update on likely impact of increase in risk weights

SBI Card said it is a AAA-rated company and that it has enough sources and diversified lender base, to manage the impact. It does not see significant impact on cost of funds during the ongoing financial year.

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Friday's crash improved case for bargain buying in SBI Cards, Bajaj Finance: Anand James

"Nifty IT can do with a pullback given the steepness and the rushed nature of the recent ascent, but we are inclined to expect more upsides on the same. Meanwhile, Nifty Bank continues to appear vulnerable despite taking support at the 14-day SMA." ....

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RBL Bank, SBI Card tank up to 10%, hit hardest by RBI's revised personal-loan norms

Unsecured loans make up 100 percent of SBI Card’s AUM and 31.8 percent of the total loans issued by RBL Bank. The two companies will bear the heaviest impact of the RBI’s move ....

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