Sbi Card Share Price Future Prediction

Daily price and charts and targets Sbi Cards Date Closing Open Fri

SBI Cards SBICARD Forecast and Targets

The intraday levels of SBI Card share price are determined through pivot point calculations and are applicable only for the next trading session on a 5-15 minute chart.

Future Prediction of SBI Card Share Price

At present, the trading value of SBI Card shares stands at 717.90. However, in the event that there is a reversal in the current trend, it is plausible to anticipate a potential target share price of 710 in the future.

These predicted share prices are also functioning as levels that provide support and resistance.

SBI Card Share Price Outlook: Mid-term Forecast Indicates a Downtrend with Potential Target at 710 or 699.00

At present, the trading price of SBI Cards stands at 717.90. In case there is a reversal in the current trend, it is plausible that the future target for the share price could be either 790 or 788.80.

The predicted share price targets for Sbi Cards are also functioning as levels of support and resistance.

SBI Card Share Price Future Prediction: Long-term Forecast Indicates a Downtrend with a Nearest Possible Target of 710 or 695.55

Currently, the SBI Card stock is being traded at 717.90. However, if there is a change in direction from this point onwards, potential future targets for the share price could be 752, 790, 836, 927 or even as high as 1028.65.

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The predicted share price targets for Sbi Cards serve as both long-term support and resistance levels.

SBI Cards SBICARD Weekly Share Price Targets

The predicted weekly share price targets for SBI Cards are as follows: the first downside target is 720.9, the second downside target is 702.75, the first upside target is 754.4, and the second upside target is 769.75.

If the Sbi Cards share price is below 736.25, there is a greater chance that it will reach lower targets. Conversely, if the share price is above 736.25, there is a higher likelihood of it reaching higher targets.

Is SBI Card a recommended stock for investment?

In the analysis, one analyst has provided a strong buy rating while six analysts have given it a buy rating.

List:

– One analyst has given it a strong buy rating.

– Six analysts have given it a buy rating.

SBI Cards SBICARD Monthly Share Price Target: Future Prediction

The projected monthly share price targets for SBI Cards are as follows: the first downside target is 695.23, the second downside target is 670.82, the first upside target is 747.83, and the second upside target is 776.02.

If the Sbi Cards share price is below 723.42, there is a greater chance that it will reach lower targets. Conversely, if the share price is above 723.42, there is a higher likelihood of it reaching higher targets.

SBI Card Forecast: What to Expect?

The consensus estimate suggests that there is a positive outlook for SBI Cards and Payment Services Ltd., with an anticipated upside of 19.19% from its current market price of 729.9000. This means that if the stock reaches its average target, investors could potentially gain a return on their investment.

SBI Cards SBICARD Daily Share Price Target: Future Prediction

The projected daily share price targets for SBI Cards are as follows: the first downside target is 713.28, the second downside target is 708.67, the first upside target is 723.53, and the second upside target is 729.17.

If the Sbi Cards share price is below 718.92, there is a greater chance that it will reach lower targets. Conversely, if the share price is above 718.92, there is a higher possibility of achieving higher targets.

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SBI Card Share Price Forecast

The opening price of SBI Cards shares was 724.35, while the closing price was 717.90. Throughout the day, the share price reached a high of 724.55 and a low of 714.30. In the past year, SBI Cards shares have experienced a high of 1028.65 and a low of 695.55, indicating that they are currently trading at lower levels compared to their yearly range. Over the last three months, these shares have reached a peak of 788.80 and dropped as low as 699.00 in value.

The share price of SBICARD is currently trading at the lower end of its quarterly price range.

The trading session witnessed a decline in prices, as they fluctuated between 714.30 and 724.55. The volume of shares traded was significantly lower by 27.71% compared to the usual average volume for Sbi Cards.

Sbi Card Share Price Future Forecast

These stocks listed on the NSE are showing a bearish signal known as a “DEAD cross” when their 12-day Simple Moving Average (SMA) crosses below their 26-day SMA.

Select the moving averages from the options given to identify a bearish cross for various time periods and different moving averages.

Here are the stocks listed on NSE that have experienced a DEAD cross during the past 10 trading days.

Here is a comprehensive list of stocks that have recently experienced a DEAD cross on their charts within the past 10 days. The list is arranged in chronological order based on the date when the cross occurred.

Prediction for the Future Share Price of SBI Card on NSE

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The NSE Screeners are tools used for analyzing and screening stocks on the National Stock Exchange.

Technical analysis often involves analyzing support and resistance levels. These levels are important indicators that help traders determine potential price movements in the future.

Prediction for the future of SBI Cards (SBICARD) share price in 2024.

Is SBI Card suitable for the long term?

When analyzing the long-term financial performance of SBI Card, it is evident that there has been a relatively slow growth compared to the expectations set at the time of its listing. From FY20 to FY23, on a Compound Annual Growth Rate (CAGR) basis, both total income and Profit After Tax (PAT) have only increased by approximately 13 percent and 22 percent respectively.

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Is SBI Card categorized as a large cap or mid cap company?

SBI Cards And Payment Services Ltd. is classified as a Large Cap company with a market capitalisation of ₹ 68,441 Cr as of 29-Feb-2024, according to Value Research.

What will be the price target of SBI Card in 2024?

SBI Card is a leading credit card issuer in India and operates as a subsidiary of State Bank of India (SBI). The company offers various types of credit cards tailored to meet different customer needs. These cards provide users with convenient payment options, reward programs, discounts, and other benefits.

What is the ultimate dividend of SBI card?

Financial Services stocks may not always provide dividends, but SBI Cards & Payment Services Ltd stands out by rewarding its shareholders with dividend payments. In the quarter ending December 2022, the company declared a dividend of ₹2.50 per share, resulting in a dividend yield of 0.69%. This indicates that for every share held by an investor, they would receive ₹2.50 as a return on their investment.

Dividends are one way for companies to distribute profits back to their shareholders and can be seen as a sign of financial stability and confidence in future growth prospects. By paying regular dividends, SBI Cards & Payment Services Ltd aims to attract investors who seek income from their investments rather than solely relying on capital appreciation.

Decline in SBI Card stock

In the third quarter of fiscal year 2024, SBI Cards reported net credit costs amounting to Rs 764 crore. This represents a sequential increase of 25 percent and a year-on-year increase of 91 percent. As a result, on January 29th, the share price of SBI Card dropped by more than 5 percent in morning trading. The decline was attributed to concerns over the deteriorating asset quality of non-banking finance companies during the December quarter, as well as negative outlooks shared by various brokerages.