SBI Cards and Payment Services is currently trading at Rs. 697.75, up by 6.75 points or 0.98% from its previous closing of Rs. 691.00 on the BSE.
The scrip opened at Rs. 697.00 and has touched a high and low of Rs. 704.35 and Rs. 692.95 respectively. So far 30357 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 769.00 on 18-Mar-2020 and a 52 week low of Rs. 495.25 on 22-May-2020.
Last one week high and low of the scrip stood at Rs. 709.50 and Rs. 685.55 respectively. The current market cap of the company is Rs. 65539.18 crore.
The promoters holding in the company stood at 69.55%, while Institutions and Non-Institutions held 7.86% and 22.59% respectively.
SBI Cards & Payments Services is planning to raise funds by way of issuance of Non-Convertible Debentures (NCDs) aggregating to Rs 1,500 crore in one or more tranches over a period of time. The meeting of the Board of Directors of the Company is scheduled to be held July 20, 2020, to consider and approve the same.
SBI Cards & Payments Services is a payment solutions provider in India.
