Is SBI Card Share good for long term investment?

The brokerage believes SBIC has strong moats to support robust long-term growth and aid gains in market share moving forward. It maintains BUY recommendation on the stock with a revised target price of Rs 1,240/share (45x FY23E EPS), implying an upside of 10% from CMP.

Is it good to invest in SBI Cards?

Investment Rationale

While SBI Cards is prone to some of the longer-term category disruption risks from UPI, BNPL, and potential regulations on swipe fees, the brokerage believes these will not only play out gradually but also offer adequate profitability set-offs.

Which bank is best for long term investment?

Detailed table with various parameters for Best Bank Stocks to Buy now in India

Sr. No. Company Name BSE Scrip Code
1 HDFC Bank Ltd. 500180
2 Kotak Mahindra Bank Ltd. 500247
3 ICICI Bank Ltd. 532174
4 Axis Bank Ltd. 532215

What is the share price of SBI credit card?

NSE 846.75 -22.95 ( -2.64 %)

OPEN 852.00
52-WEEK HIGH 1165.00
52-WEEK LOW 781.20
MARKET CAP 79829.54
BUY Price 0.00

Why SBI Cards shares are falling?

SBI Cards and Payment Services fell 2.12% to Rs 908.50 after a foreign brokerage reportedly initiated coverage on the scrip with a ‘Sell’ rating and a price target of Rs 654.

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Why SBI shares are going up?

According to stock market experts, this rally in SBI stocks is mainly due to the yesterday’s Union Cabinet’s clearance to the proposal of ₹30,600 crore government guarantee for security receipts issued by the National Asset Reconstruction Company (NARCL) as part of resolution of bad loans.

How can I double my money in 5 years?

If you want to double your money in 5 years, then you can apply the thumb rule in a reverse way. Divide the 72 by the number of years in which you want to double your money. So to double your money in 5 years you will have to invest money at the rate of 72/5 = 14.40% p.a. to achieve your target.

Which is the best investment for 3 years?

Best Short Term Investment Options for 3 Years

Sr No. Short Term Investment Options Ideal For
1 Savings accounts Better liquidity (4%-7% returns)
2 Liquid funds People looking for secure investments (4%-7% returns)
3 Short term funds At par with Liquid funds
4 Recurring deposits People who want to invest on a monthly basis

What is the best investment for 5 years?

Best Investment Plans for 5 years

  • Liquid Funds. Also known as money market fund, these are a type of mutual fund scheme, which invests the money in short-term government securities and certificates. …
  • Savings Account. …
  • Post-Office Time Deposits. …
  • Large Cap Mutual Fund. …
  • Stock market/ Derivatives.