Sensex Rallies 558 Points, Nifty Ends Above 14,650; Hindalco & Tata Steel Surge Over 4%

However, SBI Card's total income dropped to Rs 24.7 billion from Rs 25.1 billion. Asset quality too deteriorated with gross non-performing assets at 5% of gross advances as against 2% in Q4 FY20.

For the financial year ended March 31, total income was at Rs 97.1 billion for FY21 versus Rs 97.5 billion for FY20.

The profit after tax (PAT) stood at Rs 9.9 billion for FY21 versus Rs 12.5 billion in the previous fiscal.

The total balance sheet size of the company as of 31 March 2021 was Rs 270.1 billion as against Rs 253.1 billion as on the same date of last year.

SBI Cards and Payment Service's share price ended the day up by 3.9% on the BSE.

Speaking of stocks, here is an illustration of the four phases that stock goes through during its life cycle. The cycle repeats itself after the stock goes through all these four stages.

This cycle defines everything in markets. If you can master this cycle, then nothing can stop you from making huge profits.

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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