SBI Cards & Payment Services Stock Sees -3.0% Decline, Underperforms Market

Oct 25 2024 10:35 AM IST
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On October 25, 2024, SBI Cards & Payment Services, a leading finance and NBFC company in India, saw a -3.0% decline in its stock price. This was noted by MarketsMojo, who has given a 'Hold' call for the stock. The stock is currently trading below its moving averages and has underperformed compared to the overall market.

SBI Cards & Payment Services, a leading finance and non-banking financial company (NBFC) in India, saw a decline of -3.0% in its stock price on October 25, 2024. This underperformance was noted by MarketsMOJO, who has given a 'Hold' call for the stock.

The stock touched an intraday low of Rs 689.7, a decrease of -3.03%. This downward trend is a reversal from the previous two days of consecutive gains. SBI Cards is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, SBI Cards' stock has underperformed with a -2.72% decrease, while the Sensex has only seen a -0.56% decrease. Over the past month, SBI Cards' stock has also seen a decline of -10.26%, while the Sensex has only seen a -6.52% decrease.

SBI Cards & Payment Services is a largecap company in the finance and NBFC industry. While the stock has seen a recent decline, it is important to note that this article is not making any recommendations or discussing potential future performance. This is simply a factual report on the recent stock performance of SBI Cards & Payment Services.
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