Risk factor
Low price volatility
Profitability factor
Somewhat favourable analyst view
About
SBI Cards and Payment Services Limited functions as a non-banking financial company primarily focused on providing credit card services to both retail consumers and corporate clients throughout India. Beyond its core card issuance, the company also acts as a corporate insurance agent, facilitating the sale of insurance policies specifically to its credit card customers. Its extensive product portfolio includes corporate cards, central travel cards, utility cards, corporate purchase cards, and virtual cards. Founded in 1998, the firm maintains its headquarters in Gurugram, India, and operates as a subsidiary of the State Bank of India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, underpriced on P/RI
Target Price
The average target price of SBICARD.NS is 730 and suggests 29.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to