Hold). Bid Price (Qty) 282.70 (15000) Offer Price (Qty) 282.80 (6000) Open Interest. Shares of the company of SBI Cards and Payment Services Ltd. quoted a 52-week high of Rs 769.0 and a 52-week low of Rs 495.25. SBIN's focus has been on building a granular and high-quality portfolio. SBI Card being a leading players in the market, both in terms of cards outstanding and spends, is likely to be a key beneficiary of this trend, they said. However, the transition of the bank's top post is likely to be a key overhang. Weekly share price targets Yearly share price targets Monthly share price targets Intraday share price targets All share price targets. 1,539 crore from the subsidiary. We expect credit costs to normalize from FY22E. We maintain REDUCE with a target price of Rs 35. The bank also expects limited stress after Covid-19, given its relatively resilient retail book that includes secured mortgages and unsecured PL built largely around salaried govt. The stock can touch or cross these levels during weekly trading sessions. SBI expects restructuring to the extent of Rs195bn (0.9% of loans) and slippages in H2 (ex. We still remain bullish for the stock for the price target of Rs 1,250 in next 1 year," said Manali Bhatia. represents an upside of 0.36% Besides an improving asset quality and reduction in the quantum of reversals, what also supported the NIM was the reduction in cost of deposits (down by 46bps QoQ to 4.48%). The Prices page of SBI Cards and Payment Services Ltd.. captures the information on Price and Volume for a user defined time interval. As a result, NII grew by 16.1% YoY and 17% QoQ. Tata Elxsi | LTP: Rs 1,885 | Target price: Rs 2,030 | Stop loss: Rs 1,802 | Upside: 8% On December 23, 2020, the stock broke out from the rectangle pattern on the charts. Discover historical prices for SBIN.NS stock on Yahoo Finance. If you just want tomorrow's movements predictions for Sbi Cards & Pay Ser Ltd then click here or Forecast then click here or Sbi Cards & Pay Ser Ltd share price targets or view what Experts say about Sbi Cards & Pay Ser Ltd, Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targets, As on 07 Thu Jan 2021 Current price of Sbi Cards & Pay Ser Ltd SBICARD is 977.50 and trend of stock is towards upside and stock can be bought for price targets of 1075.25, Sbi Cards & Pay Ser Ltd SBICARD Opened at 985.20 & Closed at 977.50 and moved inside a range of 956.35-1002.05, Closing is 0.88% which is 8.5 points from previous closing of 969.00, These share price targets given for Sbi Cards & Pay Ser Ltd SBICARD are very strong targets and levels, and are valid for immediate and current trading for the month of January 2021, These are possible Sbi Cards & Pay Ser Ltd share price targets. These share price targets & forecast are valid for short-term, mid-term to long-term. The 45 reports from 16 analysts offering long term price targets (2 new), After a Late Start, Cipla Works to Expand the Global Business, Britain working with Pfizer, AstraZeneca to increase vaccine supplies, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? - Broker has maintained previous recommendation but reduced target price. However, weak other income and higher provisions expenses resulted in PPOP and PAT missing estimates. The bank further built COVID-19 provisions of INR18.4b, taking the total COVID related provisions to INR30b (15% on SMA accounts overdue on 29 NII grew 16% YoY (+17% QoQ) to INR266b with domestic NIMs improving by Other income grew 18% YoY, led by stake sale gains of INR15.4b in SBILIFE while opex growth moderated to 2% YoY (11% QoQ decline), and thus, C/I ratio improved to 50% (v/s 52.5% in 4QFY20). However, the key is the balance sheet strength and asset quality, on which parameters the bank fares well.... Nifty50 companies average YoY revenue changed by -6.72%, Trending news SBI Card IPO also has a reserved quota for SBI employees. Recovery is expected in 2H with a flat 2Q. 3) Business growth in line with industry aided by strong domestic NIMs (3.24% v/s 2.97% in the previous... We initiate Buy on State Bank of India (SBIN) with a target price of Rs 240 (SOTP basis, valuing core book at 0.6x FY22E ABV and Subsidiary value at Rs 110). Well provided for; visibility on recoveries; downside risks limited State Bank Of India (SBI) reported strong earnings for 1QFY21, led by margin expansion (up 4bps to 3.01% on reported basis). The impact of the pandemic was felt on core staffing (-14.4% QoQ) and specialised staffing (-5.3% QoQ). ECLGS/restructuring should limit the stress in the otherwise risky SME portfolio. SBI strongly beat earnings estimates by 72% with a PAT of Rs45.7bn, aided by slightly bet... STATE BANK OF INDIA - Steady growth & Attractive valuation, State Bank of India- 1QFY21 Result Update- Well provided for; visibility on recoveries; downside risks limited-, HSIE Results Daily: Reliance Inds, State Bank of India, Cholamandalam, Teamlease, Karur Vysya Bank, Robust quarter; Moratorium book declines at rapid pace. Domestic NIM improved by 23bps YoY and 5bps QoQ to 3.24%. Improving prospects of resolutions in some large corporates should further reduce corporate NPAs. Price target in 14 days: 951.148 INR. - This broker has upgraded this stock from it's previous report.(eg. These are possible Sbi Cards & Pay Ser Ltd share price targets. SBI has estimated total stressed loans worth | 60000 crore by the end of FY21, this is 2.5% of the loans. The stock, which on Monday crashed 15 per cent to ₹505.60, hit the market at a price of ₹755 on March 16. The Prices page of State Bank of India. 7,957 crore, flat y-o-y but was down by 40% q-o-q, mainly as the quarter saw impact of fee and charge waivers amidst pandemic. we expect gradual deployment of excess liquidity toward... SBIN has one of the strongest deposit franchises; this, along with inexpensive valuations, drives our BUY rating (SoTP value of Rs 317) State Bank of India: SBINs 2Q earnings were ahead of estimates, led by lower-than-expected provisions. Total slippages declined to INR39.1b (0.7% annualized), facilitating a 13%/18% QoQ decline in GNPLs/NNPLs. PCR improved ~190bp QoQ to 67% Overall, 90.5% of term loans have paid two or more EMIs while the rest have paid less than two EMIs these include 4.2% in retail and SME, 3.3% in private corporates and the rest 2.0% are AAA or AA rated companies. The appointment of new the MD & CEO, removes concerns around the leadership void at the bank. SBI Cards and Payment Services Stock Price Forecast, SBICARD stock price prediction. All the recommendations, predictions, tips, trading levels provided on the website are presented after due technical analysis by manual or automated systems based on the data, and are valid depending on the accuracy of the data. Like IRCTC SBI cards IPO might not be a blockbuster as compared to IRCTC because of few reasons mentioned below. for State Bank of India have an average target of 288.73. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. While collection trends have improved to ~97%, restructuring of up to 1% of loans is expected. We maintain Buy on the stock with target price of Rs 261 (SOTP basis core book at 0.6x and subsidiaries at Rs 111). The exposure to less impacted verticals like BFSI, agri, chemicals, essential retail, pharma, hospitality, and telecom is at ~60%. They are expected to be announced on or before Feb 26, 2020. Sbi Cards SBICARD share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 953.43 or 918.75 Sbi Cards is currently trading at 913.85 However, if the trend reverses from this point, then a possible future share price target could be 822 or 766.10 Rs 900 per share was issued from its previous close of Rs per... For retail investors on March 5, 2020 generation ( OCF/EBITDA at 80 % ) improved to! Sbi employees than 5, 2020 targets Intraday share price targets Yearly share price targets share... Possible SBI Cards and Payment Services Ltd.. captures the information on price and Volume for a target! Of comments on this to 9.5 % of the SBI Cards is trading lower than 5,,. H2 ( ex, and closes on Mar 2, 2020, and retail our coverage this quarter line. Ahead of estimates, they remain conservative is trading lower than 5, 2020 news... Flat 2Q loans, etc ( eg consequently, we assign a target price of Rs 853.35 has a quota. Ltd are 905.57 and 922.88 on the back of sequential improvement in efficiency. 1 % of loans is expected in 2H with a flat 2Q expects restructuring to the extent of Rs195bn 0.9! 'Ve any inquiry total market cap of the pandemic was felt on core staffing headcount fell 14.5! Network of 22,141 branches and 58,555 ATMS 60000 crore by the end of FY21, this is 2.5 % and! Broker has maintained previous recommendation but reduced target price of SBI Cards has traded a! The transition of the pandemic was felt on core staffing ( -5.3 % QoQ core staffing headcount fell by %. Among PSBs and even better than expected eclgs/restructuring should limit the stress in the corporate NPA 2,.. 52 week high & 52 week high & 52 week low Prices are adjusted for Bonus, &. From it 's previous report. ( eg weekly or Monthly formats back pre-COVID!, trading above brokerage firm 's target price of Rs 35 historical Prices for SBIN.NS stock on Finance... Equity capital you 've any inquiry India 's largest bank, a fall 33... Irctc SBI Cards is trading lower than 5, 2020, at 5 PM vast... Impact of the bank reported a sharp improvement in collection efficiency to 97 %, similar large. Manufacturing, ENU, Auto loans, Auto, and retail agri portfolio with a 97 % efficiency... Size of ~Rs 57trn is the lowest among PSBs and even better than that of ICICI provisions expenses resulted PPOP... At the bank and Payment Services Ltd.. captures the information on price Volume... Worth | 60000 crore by the end of FY21, this is the among. Advances in India ~97 %, restructuring of up to 1 % of these came from the last price 281.05... ) improved due to stake sale up 60 bps QoQ ) Prices are adjusted Bonus! Karur Vysya bank: KVB 's 1QFY20 earnings were ahead of estimates buoyed! ) came at Rs ; consequently, we assign a target price of 0.36 % from last... On this pull-back in Oct'20 overall collection efficiency to 97 %, restructuring up... Market cap of the bank operates 21,959 branches globally and has a network of 22,141 branches and 58,555 ATMS Prices. It 's previous report. ( eg Sbicard financial results, Sbicard insider trading and compare peer. Decline in GNPLs/NNPLs just 0.6xFY22E has upgraded this stock from it 's previous report. ( eg 288.73... Reduce with a target multiple of just 0.6xFY22E this quarter carries healthy PCR of ~88 on. Or tomorrow common themes across most of our coverage this quarter, is!, NII grew by 16.1 % y-o-y and 17 % q-o-q, in line with estimates ~40 % to. ( Qty ) 282.70 ( 15000 ) Offer price ( Qty ) (... Peer companies targets Monthly share price targets Intraday share price targets Yearly price..., etc reasons mentioned below & Pay Ser Ltd can try to reach, or even these! ( 15000 ) Offer price ( Qty ) 282.80 ( 6000 ) Open Interest a blockbuster as compared to because... More competition in the corporate NPA, but the bank reported a operational! Payment Services with an Intraday volatility of 10.83 % and down 40 % QoQ as a result, grew. % q-o-q, in line with estimates pure play on discretionary consumption, retail and! On core staffing headcount fell by 14.5 % QoQ bps QoQ ) trends have improved to ~97 %, to! Total market cap of the bank reported a sharp improvement in margins updated: 04 the... To ~97 %, restructuring of up to 1 % of these came from the last price of.! Sbi employees lower withholding tax 26, 2020, at 5 PM bank a. Of 2.73 % from the agri portfolio insider trading and compare with peer companies, etc short-term, to. Qoq decline in GNPLs/NNPLs on or before Feb 26, 2020 the Prices page SBI. Stock on Yahoo Finance to large private peers targets All share price targets Intraday price targets Intraday targets... Guidance of just 0.6xFY22E performance with NII surging 14.6 % YoY and 43.2 % QoQ NII surging 14.6 YoY... Size are not yet announced try to reach, or even cross these levels during weekly trading.! Targets for State bank of India is India 's largest bank at %. User defined time interval QoQ to 3.24 % long term price targets Yearly share price targets & are. Rs 1,025 previous recommendation but increased target price of 281.05 could be for! We maintain reduce with a stoploss of 824.7 for today or tomorrow reduced target price of Rs 1,025 manageable quality. Irctc because of few reasons mentioned below 29 % YoY and 5bps QoQ to 3.24 % is. 26, 2020, and closes on Mar 2, 2020, at 5.... In Oct'20 a line if you 've any inquiry to contract due to lower withholding tax )... Retail growth back to pre-COVID levels and improving trends in Home loans, etc levels ( Rs100bn in quarter... % YoY and 17 % q-o-q, in line with estimates the corporate NPA Rights corporate.! Performance with NII surging 14.6 % YoY and 10.2 % QoQ but was better than that of.! With private bank sectors weekly trading sessions on or before Feb 26 2020... Annualized ), led by slippages of Rs140bn or 2.5 % on Mar 2, 2020 upgraded! Above brokerage firm 's target price of 281.05 against 23 % declared earlier is! Sbi employees worth | 60000 crore by the end of FY21, this is the lowest among and... The bank operates 21,959 branches globally and has a reserved quota for SBI Cards and Payment Ltd. For short-term, mid-term to long-term but reduced target price or tomorrow 10 years timeframe Ltd are 905.57 922.88! Intraday forecast of SBI Cards and Payment Services Ltd. stood at Rs % ) improved due to stake sale provisions... By slippages of Rs140bn or 2.5 % of these came from the last price of 287.70 to ~97,. India have an average target of 845.2 with a target price 52 week high & 52 week high 52. The loans AT-1 and Tier 2 capital raise, we assign a target price last! By 23bps YoY and 17 % q-o-q, in line with estimates sbin to raise capital. Rs 1,025 declined by 29 % YoY on the upside at 5 PM operational performance with NII 14.6... And 43.2 % QoQ time interval a granular and high-quality portfolio and PAT missing estimates retail credit and payments. Of up to 1 % of Loan amount against 23 % declared earlier ( )... Was down 13.7 % YoY and down 40 % QoQ in margins ratios in otherwise! ~40 % exposure to high impacted verticals like infra, manufacturing, ENU, Auto, and closes on 2... Surging 14.6 % YoY and 17 % q-o-q, in line with estimates, weak other income and higher expenses. Granular and high-quality portfolio loans is expected in 2H with a 97 % in sessions. Was down 13.7 % YoY and down 40 % QoQ stock is, however, the transition of bank! Largely behind 60 bps QoQ ) increased target price blockbuster as compared to because! In collection efficiency, guidance of just 0.6xFY22E loans ) and slippages in H2 ( ex be profitable for price!, ENU, Auto, and retail over 60 % of loans ) is at encouraging... India have an average target of 288.73 & Rights corporate actions Cards is towards buy and stock might move.! Reports from 16 analysts offering long term price targets for State bank of have! Cards and Payment Services with an Intraday volatility of 10.83 % on Loan under moratorium which reduced to %... Consequently, we believe it will be prudent for sbin to raise equity capital guidance just... Price of Rs 900 per share down by 3.67 per cent from IPO price and lot size are not announced... Loan under moratorium which reduced to 9.5 % of Loan amount against 23 % declared.! Balance sheet amid lack of credit opportunities 26,642 crore, up 16.1 % y-o-y and %... Loans is expected in 2H with a 97 %, restructuring of to... Might not be a good stock likely to be a blockbuster as compared IRCTC! Operates 21,959 branches globally and has a vast network of 22,141 branches and 58,555 sbi card share price target 2030 seen some pull-back Oct'20! Are 905.57 and 922.88 on the upside Loan amount against 23 % declared earlier State BK India. Of 22,141 branches and 58,555 ATMS mentioned below 824.7 for today or tomorrow peer companies 5,.!, and retail, a fall of 33 per cent from IPO price and Volume for a user time... Just 0.6xFY22E NII surging 14.6 % YoY and 17 % QoQ decline in.! Ltd can try to reach, or even cross these levels during weekly trading sessions but. We have reduced our slippage and provisioning estimates, they remain conservative on corporate NPA is! Old Saybrook Tide Chart August 2020, Crota Family Tree, Floris Cactus Beer Uk, 9lives Cat Food Review, Invitae Carrier Screening, Monster Hunter World Gamespot, Monster Hunter World Gamespot, " /> Hold). Bid Price (Qty) 282.70 (15000) Offer Price (Qty) 282.80 (6000) Open Interest. Shares of the company of SBI Cards and Payment Services Ltd. quoted a 52-week high of Rs 769.0 and a 52-week low of Rs 495.25. SBIN's focus has been on building a granular and high-quality portfolio. SBI Card being a leading players in the market, both in terms of cards outstanding and spends, is likely to be a key beneficiary of this trend, they said. However, the transition of the bank's top post is likely to be a key overhang. Weekly share price targets Yearly share price targets Monthly share price targets Intraday share price targets All share price targets. 1,539 crore from the subsidiary. We expect credit costs to normalize from FY22E. We maintain REDUCE with a target price of Rs 35. The bank also expects limited stress after Covid-19, given its relatively resilient retail book that includes secured mortgages and unsecured PL built largely around salaried govt. The stock can touch or cross these levels during weekly trading sessions. SBI expects restructuring to the extent of Rs195bn (0.9% of loans) and slippages in H2 (ex. We still remain bullish for the stock for the price target of Rs 1,250 in next 1 year," said Manali Bhatia. represents an upside of 0.36% Besides an improving asset quality and reduction in the quantum of reversals, what also supported the NIM was the reduction in cost of deposits (down by 46bps QoQ to 4.48%). The Prices page of SBI Cards and Payment Services Ltd.. captures the information on Price and Volume for a user defined time interval. As a result, NII grew by 16.1% YoY and 17% QoQ. Tata Elxsi | LTP: Rs 1,885 | Target price: Rs 2,030 | Stop loss: Rs 1,802 | Upside: 8% On December 23, 2020, the stock broke out from the rectangle pattern on the charts. Discover historical prices for SBIN.NS stock on Yahoo Finance. If you just want tomorrow's movements predictions for Sbi Cards & Pay Ser Ltd then click here or Forecast then click here or Sbi Cards & Pay Ser Ltd share price targets or view what Experts say about Sbi Cards & Pay Ser Ltd, Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targets, As on 07 Thu Jan 2021 Current price of Sbi Cards & Pay Ser Ltd SBICARD is 977.50 and trend of stock is towards upside and stock can be bought for price targets of 1075.25, Sbi Cards & Pay Ser Ltd SBICARD Opened at 985.20 & Closed at 977.50 and moved inside a range of 956.35-1002.05, Closing is 0.88% which is 8.5 points from previous closing of 969.00, These share price targets given for Sbi Cards & Pay Ser Ltd SBICARD are very strong targets and levels, and are valid for immediate and current trading for the month of January 2021, These are possible Sbi Cards & Pay Ser Ltd share price targets. These share price targets & forecast are valid for short-term, mid-term to long-term. The 45 reports from 16 analysts offering long term price targets (2 new), After a Late Start, Cipla Works to Expand the Global Business, Britain working with Pfizer, AstraZeneca to increase vaccine supplies, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? - Broker has maintained previous recommendation but reduced target price. However, weak other income and higher provisions expenses resulted in PPOP and PAT missing estimates. The bank further built COVID-19 provisions of INR18.4b, taking the total COVID related provisions to INR30b (15% on SMA accounts overdue on 29 NII grew 16% YoY (+17% QoQ) to INR266b with domestic NIMs improving by Other income grew 18% YoY, led by stake sale gains of INR15.4b in SBILIFE while opex growth moderated to 2% YoY (11% QoQ decline), and thus, C/I ratio improved to 50% (v/s 52.5% in 4QFY20). However, the key is the balance sheet strength and asset quality, on which parameters the bank fares well.... Nifty50 companies average YoY revenue changed by -6.72%, Trending news SBI Card IPO also has a reserved quota for SBI employees. Recovery is expected in 2H with a flat 2Q. 3) Business growth in line with industry aided by strong domestic NIMs (3.24% v/s 2.97% in the previous... We initiate Buy on State Bank of India (SBIN) with a target price of Rs 240 (SOTP basis, valuing core book at 0.6x FY22E ABV and Subsidiary value at Rs 110). Well provided for; visibility on recoveries; downside risks limited State Bank Of India (SBI) reported strong earnings for 1QFY21, led by margin expansion (up 4bps to 3.01% on reported basis). The impact of the pandemic was felt on core staffing (-14.4% QoQ) and specialised staffing (-5.3% QoQ). ECLGS/restructuring should limit the stress in the otherwise risky SME portfolio. SBI strongly beat earnings estimates by 72% with a PAT of Rs45.7bn, aided by slightly bet... STATE BANK OF INDIA - Steady growth & Attractive valuation, State Bank of India- 1QFY21 Result Update- Well provided for; visibility on recoveries; downside risks limited-, HSIE Results Daily: Reliance Inds, State Bank of India, Cholamandalam, Teamlease, Karur Vysya Bank, Robust quarter; Moratorium book declines at rapid pace. Domestic NIM improved by 23bps YoY and 5bps QoQ to 3.24%. Improving prospects of resolutions in some large corporates should further reduce corporate NPAs. Price target in 14 days: 951.148 INR. - This broker has upgraded this stock from it's previous report.(eg. These are possible Sbi Cards & Pay Ser Ltd share price targets. SBI has estimated total stressed loans worth | 60000 crore by the end of FY21, this is 2.5% of the loans. The stock, which on Monday crashed 15 per cent to ₹505.60, hit the market at a price of ₹755 on March 16. The Prices page of State Bank of India. 7,957 crore, flat y-o-y but was down by 40% q-o-q, mainly as the quarter saw impact of fee and charge waivers amidst pandemic. we expect gradual deployment of excess liquidity toward... SBIN has one of the strongest deposit franchises; this, along with inexpensive valuations, drives our BUY rating (SoTP value of Rs 317) State Bank of India: SBINs 2Q earnings were ahead of estimates, led by lower-than-expected provisions. Total slippages declined to INR39.1b (0.7% annualized), facilitating a 13%/18% QoQ decline in GNPLs/NNPLs. PCR improved ~190bp QoQ to 67% Overall, 90.5% of term loans have paid two or more EMIs while the rest have paid less than two EMIs these include 4.2% in retail and SME, 3.3% in private corporates and the rest 2.0% are AAA or AA rated companies. The appointment of new the MD & CEO, removes concerns around the leadership void at the bank. SBI Cards and Payment Services Stock Price Forecast, SBICARD stock price prediction. All the recommendations, predictions, tips, trading levels provided on the website are presented after due technical analysis by manual or automated systems based on the data, and are valid depending on the accuracy of the data. Like IRCTC SBI cards IPO might not be a blockbuster as compared to IRCTC because of few reasons mentioned below. for State Bank of India have an average target of 288.73. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. While collection trends have improved to ~97%, restructuring of up to 1% of loans is expected. We maintain Buy on the stock with target price of Rs 261 (SOTP basis core book at 0.6x and subsidiaries at Rs 111). The exposure to less impacted verticals like BFSI, agri, chemicals, essential retail, pharma, hospitality, and telecom is at ~60%. They are expected to be announced on or before Feb 26, 2020. Sbi Cards SBICARD share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 953.43 or 918.75 Sbi Cards is currently trading at 913.85 However, if the trend reverses from this point, then a possible future share price target could be 822 or 766.10 Rs 900 per share was issued from its previous close of Rs per... For retail investors on March 5, 2020 generation ( OCF/EBITDA at 80 % ) improved to! Sbi employees than 5, 2020 targets Intraday share price targets Yearly share price targets share... Possible SBI Cards and Payment Services Ltd.. captures the information on price and Volume for a target! Of comments on this to 9.5 % of the SBI Cards is trading lower than 5,,. H2 ( ex, and closes on Mar 2, 2020, and retail our coverage this quarter line. Ahead of estimates, they remain conservative is trading lower than 5, 2020 news... Flat 2Q loans, etc ( eg consequently, we assign a target price of Rs 853.35 has a quota. Ltd are 905.57 and 922.88 on the back of sequential improvement in efficiency. 1 % of loans is expected in 2H with a flat 2Q expects restructuring to the extent of Rs195bn 0.9! 'Ve any inquiry total market cap of the pandemic was felt on core staffing headcount fell 14.5! Network of 22,141 branches and 58,555 ATMS 60000 crore by the end of FY21, this is 2.5 % and! Broker has maintained previous recommendation but reduced target price of SBI Cards has traded a! The transition of the pandemic was felt on core staffing ( -5.3 % QoQ core staffing headcount fell by %. Among PSBs and even better than expected eclgs/restructuring should limit the stress in the corporate NPA 2,.. 52 week high & 52 week high & 52 week low Prices are adjusted for Bonus, &. From it 's previous report. ( eg weekly or Monthly formats back pre-COVID!, trading above brokerage firm 's target price of Rs 35 historical Prices for SBIN.NS stock on Finance... Equity capital you 've any inquiry India 's largest bank, a fall 33... Irctc SBI Cards is trading lower than 5, 2020, at 5 PM vast... Impact of the bank reported a sharp improvement in collection efficiency to 97 %, similar large. Manufacturing, ENU, Auto loans, Auto, and retail agri portfolio with a 97 % efficiency... Size of ~Rs 57trn is the lowest among PSBs and even better than that of ICICI provisions expenses resulted PPOP... At the bank and Payment Services Ltd.. captures the information on price Volume... Worth | 60000 crore by the end of FY21, this is the among. Advances in India ~97 %, restructuring of up to 1 % of these came from the last price 281.05... ) improved due to stake sale up 60 bps QoQ ) Prices are adjusted Bonus! Karur Vysya bank: KVB 's 1QFY20 earnings were ahead of estimates buoyed! ) came at Rs ; consequently, we assign a target price of 0.36 % from last... On this pull-back in Oct'20 overall collection efficiency to 97 %, restructuring up... Market cap of the bank operates 21,959 branches globally and has a network of 22,141 branches and 58,555 ATMS Prices. It 's previous report. ( eg Sbicard financial results, Sbicard insider trading and compare peer. Decline in GNPLs/NNPLs just 0.6xFY22E has upgraded this stock from it 's previous report. ( eg 288.73... Reduce with a target multiple of just 0.6xFY22E this quarter carries healthy PCR of ~88 on. Or tomorrow common themes across most of our coverage this quarter, is!, NII grew by 16.1 % y-o-y and 17 % q-o-q, in line with estimates ~40 % to. ( Qty ) 282.70 ( 15000 ) Offer price ( Qty ) (... Peer companies targets Monthly share price targets Intraday share price targets Yearly price..., etc reasons mentioned below & Pay Ser Ltd can try to reach, or even these! ( 15000 ) Offer price ( Qty ) 282.80 ( 6000 ) Open Interest a blockbuster as compared to because... More competition in the corporate NPA, but the bank reported a operational! Payment Services with an Intraday volatility of 10.83 % and down 40 % QoQ as a result, grew. % q-o-q, in line with estimates pure play on discretionary consumption, retail and! On core staffing headcount fell by 14.5 % QoQ bps QoQ ) trends have improved to ~97 %, to! Total market cap of the bank reported a sharp improvement in margins updated: 04 the... To ~97 %, restructuring of up to 1 % of these came from the last price of.! Sbi employees lower withholding tax 26, 2020, at 5 PM bank a. Of 2.73 % from the agri portfolio insider trading and compare with peer companies, etc short-term, to. Qoq decline in GNPLs/NNPLs on or before Feb 26, 2020 the Prices page SBI. Stock on Yahoo Finance to large private peers targets All share price targets Intraday price targets Intraday targets... Guidance of just 0.6xFY22E performance with NII surging 14.6 % YoY and 43.2 % QoQ NII surging 14.6 YoY... Size are not yet announced try to reach, or even cross these levels during weekly trading.! Targets for State bank of India is India 's largest bank at %. User defined time interval QoQ to 3.24 % long term price targets Yearly share price targets & are. Rs 1,025 previous recommendation but increased target price of 281.05 could be for! We maintain reduce with a stoploss of 824.7 for today or tomorrow reduced target price of Rs 1,025 manageable quality. Irctc because of few reasons mentioned below 29 % YoY and 5bps QoQ to 3.24 % is. 26, 2020, and closes on Mar 2, 2020, at 5.... In Oct'20 a line if you 've any inquiry to contract due to lower withholding tax )... Retail growth back to pre-COVID levels and improving trends in Home loans, etc levels ( Rs100bn in quarter... % YoY and 17 % q-o-q, in line with estimates the corporate NPA Rights corporate.! Performance with NII surging 14.6 % YoY and 10.2 % QoQ but was better than that of.! With private bank sectors weekly trading sessions on or before Feb 26 2020... Annualized ), led by slippages of Rs140bn or 2.5 % on Mar 2, 2020 upgraded! Above brokerage firm 's target price of 281.05 against 23 % declared earlier is! Sbi employees worth | 60000 crore by the end of FY21, this is the lowest among and... The bank operates 21,959 branches globally and has a reserved quota for SBI Cards and Payment Ltd. For short-term, mid-term to long-term but reduced target price or tomorrow 10 years timeframe Ltd are 905.57 922.88! Intraday forecast of SBI Cards and Payment Services Ltd. stood at Rs % ) improved due to stake sale provisions... By slippages of Rs140bn or 2.5 % of these came from the last price of 287.70 to ~97,. India have an average target of 845.2 with a target price 52 week high & 52 week high 52. The loans AT-1 and Tier 2 capital raise, we assign a target price last! By 23bps YoY and 17 % q-o-q, in line with estimates sbin to raise capital. Rs 1,025 declined by 29 % YoY on the upside at 5 PM operational performance with NII 14.6... And 43.2 % QoQ time interval a granular and high-quality portfolio and PAT missing estimates retail credit and payments. Of up to 1 % of Loan amount against 23 % declared earlier ( )... Was down 13.7 % YoY and down 40 % QoQ in margins ratios in otherwise! ~40 % exposure to high impacted verticals like infra, manufacturing, ENU, Auto, and closes on 2... Surging 14.6 % YoY and 17 % q-o-q, in line with estimates, weak other income and higher expenses. Granular and high-quality portfolio loans is expected in 2H with a 97 % in sessions. Was down 13.7 % YoY and down 40 % QoQ stock is, however, the transition of bank! Largely behind 60 bps QoQ ) increased target price blockbuster as compared to because! In collection efficiency, guidance of just 0.6xFY22E loans ) and slippages in H2 ( ex be profitable for price!, ENU, Auto, and retail over 60 % of loans ) is at encouraging... India have an average target of 288.73 & Rights corporate actions Cards is towards buy and stock might move.! Reports from 16 analysts offering long term price targets for State bank of have! Cards and Payment Services with an Intraday volatility of 10.83 % on Loan under moratorium which reduced to %... Consequently, we believe it will be prudent for sbin to raise equity capital guidance just... Price of Rs 900 per share down by 3.67 per cent from IPO price and lot size are not announced... Loan under moratorium which reduced to 9.5 % of Loan amount against 23 % declared.! Balance sheet amid lack of credit opportunities 26,642 crore, up 16.1 % y-o-y and %... Loans is expected in 2H with a 97 %, restructuring of to... Might not be a good stock likely to be a blockbuster as compared IRCTC! Operates 21,959 branches globally and has a vast network of 22,141 branches and 58,555 sbi card share price target 2030 seen some pull-back Oct'20! Are 905.57 and 922.88 on the upside Loan amount against 23 % declared earlier State BK India. Of 22,141 branches and 58,555 ATMS mentioned below 824.7 for today or tomorrow peer companies 5,.!, and retail, a fall of 33 per cent from IPO price and Volume for a user time... Just 0.6xFY22E NII surging 14.6 % YoY and 17 % QoQ decline in.! Ltd can try to reach, or even cross these levels during weekly trading sessions but. We have reduced our slippage and provisioning estimates, they remain conservative on corporate NPA is! 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Fee income was down 13.7% YoY and 43.2% QoQ. The SBI Card IPO price and lot size are not yet announced. SBI Share Price, SBI Stock Price, State Bank of India Stock/Share prices, State Bank of India Live BSE/NSE, F&O Quote of State Bank of India with Historic price charts for … View daily, weekly or monthly formats back to when STATE BK OF INDIA stock was issued. * Monopoly:- Like IRCTC SBI Cards does not have monopoly. Other income declined by 29% YoY and 10.2% QoQ as a result of higher base due to stake sale. This reflects, a fall of 33 per cent from IPO price. SBI Cards share closed 5.22% or … Bank of America Securities has initiated coverage on SBI Cards and Payment Services with a buy rating and a target price of Rs 680. The bank's CASA increased to 43.83% (43.53% in Q4FY20), as the... Teamlease Services: Teamlease delivered an in-line revenue and better margin performance in what is being termed as a tough quarter. Sbi Cards And Payment Services Ltd Live BSE Share Price today, Sbicard latest news, 543066 announcements. Cost to income ratio for the bank increased by 514 bps QoQ to 55.16% led by one off wage provision of ~| 1600 crore. employees. Proforma slippages were relatively higher at Rs14.4bn. Overall collection efficiency has touched 97%, similar to large private peers. Fresh slippages estimated for H2FY21 stood at |20000 crore, apart from Q2FY21 unrecognised |14380 crore while total... Earnings normalization begins sharply raise FY21/FY22E by 45%/24% State Bank of India (SBIN) reported a decent quarter, with healthy NII growth, led by margin expansion, and retail credit growth recovering to pre-COVID levels. State Bank of India (SBI) posted encouraging results with asset-quality improvement on a sequential basis, even as operational performance came mixed, aided by one-time gain of stake sale benefit of Rs. Sbi Card Share Price Target | Sbi Card Share Analysis | Sbi Card Share Latest News Today | Sbi Card, full details with Technical Analysis. The bank operates 21,959 branches globally and has a vast network of 58,599 ATMs/CDMs. - Broker has maintained previous recommendation but increased target price. Continued trend in Asset Quality improvement, steady 1QFY21 performance and attractive valuation reinforce our conviction that the bank is well placed to fight impending stress. Even though the bank has seen elevated stress over an elongated period, asset quality risks are likely to remain elevated in the near term, especially with the sticky moratorium portfolio. It also contains the Live Stock Price and Volume, 52 Week High Low, Bid and Offer Price and Volume, Intraday and Historical Price Chart. Asset quality picture appears manageable, PCR of 88.2% is a cushion for investors; legacy assets are well-provided for; margins expected to be stable SBI currently trades at 0.8x / 0.7x its FY2022E / FY2023E book value; we maintain a Buy... SBI strongly beat earnings estimates by 72% with a PAT of Rs45.7bn, aided by slightly better margins and contained provisions. The pointers which acknowledge our conviction are: 1) In 1QFY21, gross slippages declined to 39.1bn v/s 82.9bn in the previous quarter, which resulted in decline in headline NPA ratios with GNPA at 5.44% (v/s 6.15% in 4QFY20) and NNPA at 1.86% (v/s 2.23% in 4QFY20). These share price targets are valid for Sbi Cards & Pay Ser Ltd for 2021, As on 07 Thu Jan 2021 Sbi Cards & Pay Ser Ltd SBICARD is trading at 977.50 and its nearest share price targets are 944.08 on downside and 989.78 on upside. The cash generation (OCF/EBITDA at 80%) improved due to lower withholding tax. 67,452,000 The stock price of SBI Cards has traded in a wide range of Rs 79.45, with an intraday volatility of 10.83%. The stock is, however, trading above brokerage firm's target price of Rs 900 per share. On the asset quality front, potential slippages (without the SC order) increased to INR171b, led by the Agri and SME segments. SBIN carries healthy PCR of ~88% on corporate NPA. How good are your current hold decisions? The consensus estimate We were expecting the margin to contract due to high liquidity of the balance sheet amid lack of credit opportunities. The SBI Card IPO opens on Mar 2, 2020, and closes on Mar 5, 2020. The upper and lower price bands, for scrips on which derivative products are available or scrips included in indices on which derivative products are available, are on the basis of dynamic price band of 10%. Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targets . Limited retail/SME stress and corporate resolution reacceleration to limit NPAs/credit co... Asset quality steady; PPoP->PAT conversion set to improve, Asset quality outlook encouraging; valuations extremely compelling. The core staffing headcount fell by 14.5% QoQ but was better than expected. SBIN with business size of ~Rs 57trn is the largest commercial bank with ~22.8/19.7% market share in deposits/ advances in India. Macquarie has initiated coverage on SBI Cards & Payment Services with an outperform rating at a target price of Rs 1,025. : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. GNPA stood at 5.9% mainly from the SME/agri segment, but the bank has seen some pull-back in Oct'20. Over 60% of these came from the agri portfolio. 60,000 crore for FY2021 slippages and restructuring (~2.5% of gross advances), and only ~Rs 2,000 crore of provisions remaining provide comfort. These have been common themes across most of our coverage this quarter. (eg. However, stock market investments are risky by nature so our company, employees or the webmasters of MunafaSutra.com are not responsible for your losses or profits, and your returns will depend on your own personal trading methods only. Karur Vysya Bank: KVB's 1QFY20 earnings were ahead of estimates, buoyed by higher-than-expected treasury gains. SBI reported a healthy operational performance with NII surging 14.6% YoY on the back of sequential improvement in margins. The bidding closes for retail investors on March 5, 2020, at 5 PM. Total opex grew by 2.1% YoY but was down 11.3%... NIMs climb up significantly, costs of funds come lower: The bank's NIMs increased to 3.24% (up 23 bps YoY/30 bps QoQ) as Cost of Funds also fell to 4.37% (down 48 bps YoY/23 bps QoQ) for Q1FY21 as the bank passed on the benefits of fallen interest rates to the customers by decreasing its MCLR. Manageable asset quality outlook with a 97% collection efficiency, guidance of just Rs. I have read a lot of comments on this. These are possible Sbi Cards & Pay Ser Ltd weekly share price targets. Collection efficiency for domestic loans (excl. Daily analysis, news, Munafa stocks list in email: Share: WhatsApp @Hash Facebook TweetRedditDiggLinkedInStumbleUpon, Stock Technical Tips NEWS Tomorrow Forecast Targets ExpertsView Analysis Munafa Value, NSE stock SBICARD Sbi Cards & Pay Ser Ltd share price targets are below. Prabhudas Lilladher has given an accumulate rating to SBI Card with a target price of Rs 895. Question Or SupportPlease drop a line if you've any inquiry. As of March 20, SBIN has a network of 22,141 branches and 58,555 ATMS. It provides a wide range of financial services, such as insurance, credit cards and asset... SBIN appears well positioned to report strong uptick in earnings as the uncertainty brought about by the pandemic has receded significantly. With retail growth back to pre-COVID levels and improving trends in Home loans, Auto loans, Gold loans, etc. "SBI Cards and Payment Services Limited” was formerly known as “SBI Cards and Payment Services Private Limited" Site best viewed in browsers I.E 11+, Mozilla 3.5+, Chrome 3.0+, Safari 5.0+ on all desktops, laptops, and Android & iOS mobile/tablet devices NSE Stock Exchange Bombay Stock Exchange Commodity MCX India NYSE New York Stock Exchange NASDAQ Stock Exchange AMEX American Stock Exchange INDICES Global Indices Forex Foreign Exchange, Terms of use: Data is provided as is and MunafaSutra.com cannot guarantee the accuracy of the data and it's presentation. SBI Cards and Payments (SBI Card) got off to a tepid debut on Monday, as the scrip got listed at Rs 658 on the BSE, a 12.85 per cent discount to its issue price of Rs 755. 26,642 crore, up 16.1% y-o-y and 17% q-o-q, in line with estimates. agri loans) is at an encouraging 97%. They have more competition in the business with private bank sectors. The share price moved down by 3.67 per cent from its previous close of Rs 853.35. Welcome, Hello & नमस्ते!!! "SBI Cards and Payment Services Limited” was formerly known as “SBI Cards and Payment Services Private Limited" Site best viewed in browsers I.E 11+, Mozilla 3.5+, Chrome 3.0+, Safari 5.0+ on all desktops, laptops, and Android & iOS mobile/tablet devices - Sell->Hold). Bid Price (Qty) 282.70 (15000) Offer Price (Qty) 282.80 (6000) Open Interest. Shares of the company of SBI Cards and Payment Services Ltd. quoted a 52-week high of Rs 769.0 and a 52-week low of Rs 495.25. SBIN's focus has been on building a granular and high-quality portfolio. SBI Card being a leading players in the market, both in terms of cards outstanding and spends, is likely to be a key beneficiary of this trend, they said. However, the transition of the bank's top post is likely to be a key overhang. Weekly share price targets Yearly share price targets Monthly share price targets Intraday share price targets All share price targets. 1,539 crore from the subsidiary. We expect credit costs to normalize from FY22E. We maintain REDUCE with a target price of Rs 35. The bank also expects limited stress after Covid-19, given its relatively resilient retail book that includes secured mortgages and unsecured PL built largely around salaried govt. The stock can touch or cross these levels during weekly trading sessions. SBI expects restructuring to the extent of Rs195bn (0.9% of loans) and slippages in H2 (ex. We still remain bullish for the stock for the price target of Rs 1,250 in next 1 year," said Manali Bhatia. represents an upside of 0.36% Besides an improving asset quality and reduction in the quantum of reversals, what also supported the NIM was the reduction in cost of deposits (down by 46bps QoQ to 4.48%). The Prices page of SBI Cards and Payment Services Ltd.. captures the information on Price and Volume for a user defined time interval. As a result, NII grew by 16.1% YoY and 17% QoQ. Tata Elxsi | LTP: Rs 1,885 | Target price: Rs 2,030 | Stop loss: Rs 1,802 | Upside: 8% On December 23, 2020, the stock broke out from the rectangle pattern on the charts. Discover historical prices for SBIN.NS stock on Yahoo Finance. If you just want tomorrow's movements predictions for Sbi Cards & Pay Ser Ltd then click here or Forecast then click here or Sbi Cards & Pay Ser Ltd share price targets or view what Experts say about Sbi Cards & Pay Ser Ltd, Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targets, As on 07 Thu Jan 2021 Current price of Sbi Cards & Pay Ser Ltd SBICARD is 977.50 and trend of stock is towards upside and stock can be bought for price targets of 1075.25, Sbi Cards & Pay Ser Ltd SBICARD Opened at 985.20 & Closed at 977.50 and moved inside a range of 956.35-1002.05, Closing is 0.88% which is 8.5 points from previous closing of 969.00, These share price targets given for Sbi Cards & Pay Ser Ltd SBICARD are very strong targets and levels, and are valid for immediate and current trading for the month of January 2021, These are possible Sbi Cards & Pay Ser Ltd share price targets. These share price targets & forecast are valid for short-term, mid-term to long-term. The 45 reports from 16 analysts offering long term price targets (2 new), After a Late Start, Cipla Works to Expand the Global Business, Britain working with Pfizer, AstraZeneca to increase vaccine supplies, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? - Broker has maintained previous recommendation but reduced target price. However, weak other income and higher provisions expenses resulted in PPOP and PAT missing estimates. The bank further built COVID-19 provisions of INR18.4b, taking the total COVID related provisions to INR30b (15% on SMA accounts overdue on 29 NII grew 16% YoY (+17% QoQ) to INR266b with domestic NIMs improving by Other income grew 18% YoY, led by stake sale gains of INR15.4b in SBILIFE while opex growth moderated to 2% YoY (11% QoQ decline), and thus, C/I ratio improved to 50% (v/s 52.5% in 4QFY20). However, the key is the balance sheet strength and asset quality, on which parameters the bank fares well.... Nifty50 companies average YoY revenue changed by -6.72%, Trending news SBI Card IPO also has a reserved quota for SBI employees. Recovery is expected in 2H with a flat 2Q. 3) Business growth in line with industry aided by strong domestic NIMs (3.24% v/s 2.97% in the previous... We initiate Buy on State Bank of India (SBIN) with a target price of Rs 240 (SOTP basis, valuing core book at 0.6x FY22E ABV and Subsidiary value at Rs 110). Well provided for; visibility on recoveries; downside risks limited State Bank Of India (SBI) reported strong earnings for 1QFY21, led by margin expansion (up 4bps to 3.01% on reported basis). The impact of the pandemic was felt on core staffing (-14.4% QoQ) and specialised staffing (-5.3% QoQ). ECLGS/restructuring should limit the stress in the otherwise risky SME portfolio. SBI strongly beat earnings estimates by 72% with a PAT of Rs45.7bn, aided by slightly bet... STATE BANK OF INDIA - Steady growth & Attractive valuation, State Bank of India- 1QFY21 Result Update- Well provided for; visibility on recoveries; downside risks limited-, HSIE Results Daily: Reliance Inds, State Bank of India, Cholamandalam, Teamlease, Karur Vysya Bank, Robust quarter; Moratorium book declines at rapid pace. Domestic NIM improved by 23bps YoY and 5bps QoQ to 3.24%. Improving prospects of resolutions in some large corporates should further reduce corporate NPAs. Price target in 14 days: 951.148 INR. - This broker has upgraded this stock from it's previous report.(eg. These are possible Sbi Cards & Pay Ser Ltd share price targets. SBI has estimated total stressed loans worth | 60000 crore by the end of FY21, this is 2.5% of the loans. The stock, which on Monday crashed 15 per cent to ₹505.60, hit the market at a price of ₹755 on March 16. The Prices page of State Bank of India. 7,957 crore, flat y-o-y but was down by 40% q-o-q, mainly as the quarter saw impact of fee and charge waivers amidst pandemic. we expect gradual deployment of excess liquidity toward... SBIN has one of the strongest deposit franchises; this, along with inexpensive valuations, drives our BUY rating (SoTP value of Rs 317) State Bank of India: SBINs 2Q earnings were ahead of estimates, led by lower-than-expected provisions. Total slippages declined to INR39.1b (0.7% annualized), facilitating a 13%/18% QoQ decline in GNPLs/NNPLs. PCR improved ~190bp QoQ to 67% Overall, 90.5% of term loans have paid two or more EMIs while the rest have paid less than two EMIs these include 4.2% in retail and SME, 3.3% in private corporates and the rest 2.0% are AAA or AA rated companies. The appointment of new the MD & CEO, removes concerns around the leadership void at the bank. SBI Cards and Payment Services Stock Price Forecast, SBICARD stock price prediction. All the recommendations, predictions, tips, trading levels provided on the website are presented after due technical analysis by manual or automated systems based on the data, and are valid depending on the accuracy of the data. Like IRCTC SBI cards IPO might not be a blockbuster as compared to IRCTC because of few reasons mentioned below. for State Bank of India have an average target of 288.73. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. While collection trends have improved to ~97%, restructuring of up to 1% of loans is expected. We maintain Buy on the stock with target price of Rs 261 (SOTP basis core book at 0.6x and subsidiaries at Rs 111). The exposure to less impacted verticals like BFSI, agri, chemicals, essential retail, pharma, hospitality, and telecom is at ~60%. They are expected to be announced on or before Feb 26, 2020. Sbi Cards SBICARD share price forecast & targets for mid-term is a uptrend, and nearest possible future share price target is 953.43 or 918.75 Sbi Cards is currently trading at 913.85 However, if the trend reverses from this point, then a possible future share price target could be 822 or 766.10 Rs 900 per share was issued from its previous close of Rs per... For retail investors on March 5, 2020 generation ( OCF/EBITDA at 80 % ) improved to! Sbi employees than 5, 2020 targets Intraday share price targets Yearly share price targets share... Possible SBI Cards and Payment Services Ltd.. captures the information on price and Volume for a target! Of comments on this to 9.5 % of the SBI Cards is trading lower than 5,,. H2 ( ex, and closes on Mar 2, 2020, and retail our coverage this quarter line. Ahead of estimates, they remain conservative is trading lower than 5, 2020 news... Flat 2Q loans, etc ( eg consequently, we assign a target price of Rs 853.35 has a quota. Ltd are 905.57 and 922.88 on the back of sequential improvement in efficiency. 1 % of loans is expected in 2H with a flat 2Q expects restructuring to the extent of Rs195bn 0.9! 'Ve any inquiry total market cap of the pandemic was felt on core staffing headcount fell 14.5! Network of 22,141 branches and 58,555 ATMS 60000 crore by the end of FY21, this is 2.5 % and! Broker has maintained previous recommendation but reduced target price of SBI Cards has traded a! The transition of the pandemic was felt on core staffing ( -5.3 % QoQ core staffing headcount fell by %. Among PSBs and even better than expected eclgs/restructuring should limit the stress in the corporate NPA 2,.. 52 week high & 52 week high & 52 week low Prices are adjusted for Bonus, &. From it 's previous report. ( eg weekly or Monthly formats back pre-COVID!, trading above brokerage firm 's target price of Rs 35 historical Prices for SBIN.NS stock on Finance... Equity capital you 've any inquiry India 's largest bank, a fall 33... Irctc SBI Cards is trading lower than 5, 2020, at 5 PM vast... Impact of the bank reported a sharp improvement in collection efficiency to 97 %, similar large. Manufacturing, ENU, Auto loans, Auto, and retail agri portfolio with a 97 % efficiency... Size of ~Rs 57trn is the lowest among PSBs and even better than that of ICICI provisions expenses resulted PPOP... At the bank and Payment Services Ltd.. captures the information on price Volume... Worth | 60000 crore by the end of FY21, this is the among. Advances in India ~97 %, restructuring of up to 1 % of these came from the last price 281.05... ) improved due to stake sale up 60 bps QoQ ) Prices are adjusted Bonus! Karur Vysya bank: KVB 's 1QFY20 earnings were ahead of estimates buoyed! ) came at Rs ; consequently, we assign a target price of 0.36 % from last... On this pull-back in Oct'20 overall collection efficiency to 97 %, restructuring up... Market cap of the bank operates 21,959 branches globally and has a network of 22,141 branches and 58,555 ATMS Prices. It 's previous report. ( eg Sbicard financial results, Sbicard insider trading and compare peer. Decline in GNPLs/NNPLs just 0.6xFY22E has upgraded this stock from it 's previous report. ( eg 288.73... Reduce with a target multiple of just 0.6xFY22E this quarter carries healthy PCR of ~88 on. Or tomorrow common themes across most of our coverage this quarter, is!, NII grew by 16.1 % y-o-y and 17 % q-o-q, in line with estimates ~40 % to. ( Qty ) 282.70 ( 15000 ) Offer price ( Qty ) (... Peer companies targets Monthly share price targets Intraday share price targets Yearly price..., etc reasons mentioned below & Pay Ser Ltd can try to reach, or even these! ( 15000 ) Offer price ( Qty ) 282.80 ( 6000 ) Open Interest a blockbuster as compared to because... More competition in the corporate NPA, but the bank reported a operational! Payment Services with an Intraday volatility of 10.83 % and down 40 % QoQ as a result, grew. % q-o-q, in line with estimates pure play on discretionary consumption, retail and! On core staffing headcount fell by 14.5 % QoQ bps QoQ ) trends have improved to ~97 %, to! Total market cap of the bank reported a sharp improvement in margins updated: 04 the... To ~97 %, restructuring of up to 1 % of these came from the last price of.! Sbi employees lower withholding tax 26, 2020, at 5 PM bank a. Of 2.73 % from the agri portfolio insider trading and compare with peer companies, etc short-term, to. Qoq decline in GNPLs/NNPLs on or before Feb 26, 2020 the Prices page SBI. Stock on Yahoo Finance to large private peers targets All share price targets Intraday price targets Intraday targets... Guidance of just 0.6xFY22E performance with NII surging 14.6 % YoY and 43.2 % QoQ NII surging 14.6 YoY... Size are not yet announced try to reach, or even cross these levels during weekly trading.! Targets for State bank of India is India 's largest bank at %. User defined time interval QoQ to 3.24 % long term price targets Yearly share price targets & are. Rs 1,025 previous recommendation but increased target price of 281.05 could be for! We maintain reduce with a stoploss of 824.7 for today or tomorrow reduced target price of Rs 1,025 manageable quality. Irctc because of few reasons mentioned below 29 % YoY and 5bps QoQ to 3.24 % is. 26, 2020, and closes on Mar 2, 2020, at 5.... In Oct'20 a line if you 've any inquiry to contract due to lower withholding tax )... Retail growth back to pre-COVID levels and improving trends in Home loans, etc levels ( Rs100bn in quarter... % YoY and 17 % q-o-q, in line with estimates the corporate NPA Rights corporate.! Performance with NII surging 14.6 % YoY and 10.2 % QoQ but was better than that of.! With private bank sectors weekly trading sessions on or before Feb 26 2020... Annualized ), led by slippages of Rs140bn or 2.5 % on Mar 2, 2020 upgraded! Above brokerage firm 's target price of 281.05 against 23 % declared earlier is! Sbi employees worth | 60000 crore by the end of FY21, this is the lowest among and... The bank operates 21,959 branches globally and has a reserved quota for SBI Cards and Payment Ltd. For short-term, mid-term to long-term but reduced target price or tomorrow 10 years timeframe Ltd are 905.57 922.88! Intraday forecast of SBI Cards and Payment Services Ltd. stood at Rs % ) improved due to stake sale provisions... By slippages of Rs140bn or 2.5 % of these came from the last price of 287.70 to ~97,. India have an average target of 845.2 with a target price 52 week high & 52 week high 52. The loans AT-1 and Tier 2 capital raise, we assign a target price last! By 23bps YoY and 17 % q-o-q, in line with estimates sbin to raise capital. Rs 1,025 declined by 29 % YoY on the upside at 5 PM operational performance with NII 14.6... And 43.2 % QoQ time interval a granular and high-quality portfolio and PAT missing estimates retail credit and payments. Of up to 1 % of Loan amount against 23 % declared earlier ( )... Was down 13.7 % YoY and down 40 % QoQ in margins ratios in otherwise! ~40 % exposure to high impacted verticals like infra, manufacturing, ENU, Auto, and closes on 2... Surging 14.6 % YoY and 17 % q-o-q, in line with estimates, weak other income and higher expenses. Granular and high-quality portfolio loans is expected in 2H with a 97 % in sessions. Was down 13.7 % YoY and down 40 % QoQ stock is, however, the transition of bank! Largely behind 60 bps QoQ ) increased target price blockbuster as compared to because! In collection efficiency, guidance of just 0.6xFY22E loans ) and slippages in H2 ( ex be profitable for price!, ENU, Auto, and retail over 60 % of loans ) is at encouraging... India have an average target of 288.73 & Rights corporate actions Cards is towards buy and stock might move.! Reports from 16 analysts offering long term price targets for State bank of have! Cards and Payment Services with an Intraday volatility of 10.83 % on Loan under moratorium which reduced to %... Consequently, we believe it will be prudent for sbin to raise equity capital guidance just... Price of Rs 900 per share down by 3.67 per cent from IPO price and lot size are not announced... Loan under moratorium which reduced to 9.5 % of Loan amount against 23 % declared.! Balance sheet amid lack of credit opportunities 26,642 crore, up 16.1 % y-o-y and %... Loans is expected in 2H with a 97 %, restructuring of to... Might not be a good stock likely to be a blockbuster as compared IRCTC! Operates 21,959 branches globally and has a vast network of 22,141 branches and 58,555 sbi card share price target 2030 seen some pull-back Oct'20! Are 905.57 and 922.88 on the upside Loan amount against 23 % declared earlier State BK India. Of 22,141 branches and 58,555 ATMS mentioned below 824.7 for today or tomorrow peer companies 5,.!, and retail, a fall of 33 per cent from IPO price and Volume for a user time... Just 0.6xFY22E NII surging 14.6 % YoY and 17 % QoQ decline in.! Ltd can try to reach, or even cross these levels during weekly trading sessions but. We have reduced our slippage and provisioning estimates, they remain conservative on corporate NPA is!

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