When FIIs (Foreign Institutional Investors) and DIIs (Domestic Institutional Investors) both increase their stake in a particular stock, it is generally considered a positive signal because Institutional investors increasing their stake reflects the high confidence in...
Since the listing of SBI Cards in primary markets during the start of the Covid-19 Pandemic. Stock listed at the price of Rs. 661, down 12.45 percent from its Issue price of Rs. 755. Since then, the stock has severely underperformed the markets, giving only 12 percent...
In a significant development for the credit card industry, SBI Cards and Payment Services, India’s second-largest pure-play credit card issuer, faces mounting challenges. Consequently, several prominent brokerages have downgraded their outlook on the company. As...
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