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.
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.
Paytm share price today: Bernstein assigned a share price target of Rs 950 on Paytm, suggesting a 47 per cent potential upside. On Wednesday, Paytm shares jumped 3.29 per cent to Rs 672.50 on BSE.