SBI Cards surge over 5% to hit 52-week high on strong June-quarter results
Updated : July 21, 2020 12:51 PM IST
Listed in March, the stock jumped over 20 percent in just the last 1 month.
The growth in profit was driven primarily by an increase in interest income and lower tax.
It's asset quality also showed improvement with the gross NPAs falling from 2.6 percent to 1.3 percent YoY.