SBI Card Share Price Target 2024, 2025, 2030, 2040, 2050

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The company is part of SBI Bank which generally provides different types of cards according to people’s uses.

This includes fancy cards, travel and shopping cards, regular cards, special cards made with other brands, and business cards. They also offer extra services to make payments easier.

What is SBI Cards and Payment Services Ltd NSE: SBICARD?

The company gives credit cards to people and also sells insurance to its cardholders. They provide different types of cards for people and businesses.

Its Cards and Payment Services Limited is part of the State Bank of India (SBI) and is the second-biggest credit card provider in India. It started as a private company on May 15, 1998, in New Delhi.

SBI Card Share Price Target 2024

SBI has the most bank branches in India and plans to open more this year, which could increase its sales. This increase will obviously benefit the SBI share price. Experts think the share price will go up in 2024 because more people are using their credit cards. This will help the company and its stock do well.

The company’s owners also believe more people will use their credit cards soon, leading to more sales and money for the company. This is good news for people who own shares in the company. The performance in 2024 looks good for investors and the price target would be 990 rs this year as expected.

YearMinimum PriceMaximum Price
2024703990
MonthMinimum PriceMaximum Price
January703778
February696748
March676742
April685765
May689735
June647739
July632750
August692780
September705810
October716860
November740890
December811990

SBI Card Share Price Target 2025

As we know it is the biggest and oldest bank in India. They are making things easier with the internet and mobile apps, so customers don’t need to visit the branch as much. This is why its shares might seem expensive, they are improving a lot. The bank is spending a lot of money each year to make its system better. In current times a lot of people use the online card, for shopping or doing some other transactions. It is expected that the price target will be 1252 rs in 2025.

YearMinimum PriceMaximum Price
20259701252
MonthMinimum PriceMaximum Price
January9701060
February9861090
March9901100
April10111132
May10431170
June10001070
July10301079
August10501096
September10801120
October11001170
November11401190
December11601252

SBI Card Share Price Target 2030

The bank’s promoters believe this company will grow and increase in value. Most banks earn money mainly from loans, but this company is also strong in other areas like insurance, brokerage and credit cards. These services help the bank get more customers and boost sales. The company is working to make things better for its customers. They are making their services quicker and easier. They’re also offering good deals and exciting offers. We can go for a 2900 rs price target in 2030.

YearMinimum PriceMaximum Price
203025002900
MonthMinimum PriceMaximum Price
January25002630
February25602690
March25892700
April26102680
May26502700
June26902740
July27002793
August27302810
September27502841
October27902860
November28432870
December28802900

Share Price Target 2040

The past record of this company is very good it gave very good returns to the investors. Also, it improves its banking and transaction service better. in our country, more people have started using credit cards than before. so there will be a good feature of this company. Investors for the long term can trust this company because it is a very old company and it is time to time improving its services for better services. We could expect a 3500 rs price target in 2040.

YearMinimum PriceMaximum Price
204031003500
MonthMinimum PriceMaximum Price
January31003260
February31703200
March31503270
April31903285
May32003310
June32303350
July32503390
August32903400
September33113470
October33903400
November34003470
December34553500

Share Price Target 2050

SBI Bank is currently ahead of other government banks. SBI Bank is the biggest public sector bank in India. SBI Bank is working on projects that should make a lot of money over time. This could push its share price up a lot by 2050. Also as time increases the needs of the people will also increase and over time its share will expect to increase. So in 2050, the price target would be 8000 rs.

YearMinimum PriceMaximum Price
205069008000
MonthMinimum PriceMaximum Price
January69007200
February69707290
March71007280
April71607300
May72007350
June72707340
July73007400
August73907520
September74007600
October74907730
November76207911
December78908000

Price forecast

YearMinimum PriceMaximum Price
2024703990
20259701252
203025002900
204031003500
205069008000

Should I Buy SBI Card Stock?

It is the oldest bank in India and people have very good trust in it. Talking to credit cards then in this time many people started using credit cards as they give urgent money in a time of need. The company’s past record also seems very good so it is a good choice to invest for the long term.

SBI Cards and Payment Services Ltd Earning Results

Market cap₹65,805 Cr
PB ratio5.45
ROE19.92%
Debt to equity3.30
Diluted EPS₹25.37
Cost to Income ratio66.67%
ROA4.14%
Dividend Yield0.36%
PE ratio (TTM)27.32
Total Revenue4,347.72 Cr
Total Operating Expense2,862.59 CR
Operating Income1,485.13 Cr
Net Income662.37 Cr

Is SBI Card Stock Good to Buy? (Bull case & Bear case)

Bull Case:

  • More people in India are starting to use credit cards, which could help this company.
  • This is part of SBI, India’s biggest public sector bank, giving it a solid foundation.
  • With more people needing credit cards and digital payments becoming popular.
  • It is working on new products and expanding its services.
  • The company has shown steady financial performance.

Bear Case:

  • Many other companies also offer credit cards, which could bring hard competition.
  • Changes in rules about credit cards could impact Its users.
  • Expanding and launching new products can be risky and costly, which might affect the company’s success.

Conclusion

So in this article, we have well discussed this company. It is a very old and trustworthy bank in India so you can trust its credit card company too. Its past record is very good. The investors had huge returns and had invested for the long term. So before investing please go through this article.

FAQs

It earns by providing funds in credit to the customer and in return charges interest and some other charges.

The company gave very good returns in past, also in future, it provide many attractive offers and will improve its services.

The demand for credit cards is increasing as people’s demands increase continuously. So this company can take advantage of it and can make more money in future.

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