SBI Card shares tank over 7% post Q2 results. Should you buy, sell or hold?

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The company reported a 15% increase in its net profit for Q2FY24 at Rs 603 crore from Rs 526 crore in the year-ago quarter. The interest income grew 28% to Rs 1,902 crore, while income from other sources jumped 21% to Rs 2,186 crore.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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