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SBI Cards trades higher for second straight day, nears record high

The stock was trading higher for the second straight day, up 3 per cent at Rs 738, on the BSE on Friday. It has surged 7 per cent in the last two days on the back of heavy volumes

CREDIT CARDS, CREDIT CARDS ADVANTAGE, BENEFITS OF MULTIPLE CREDIT CARDS, CREDIT CARD TRANSACTION, Credit Utilisation Ratio, CUR,
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The stock hit a four-month high today, on the back of a 27 per cent in the past one month

SI Reporter Mumbai
Shares of SBI Cards and Payment Services were trading higher for the second straight day, up 3 per cent at Rs 738, on the BSE on Friday. The stock has surged 7 per cent in the last two days on the back of heavy volumes. It was trading close to its all-time high level of Rs 769 touched on March 18, 2020.

The stock hit a four-month high today, on the back of a 27 per cent in the past one month. In comparison, the S&P BSE Sensex was up 9 per cent during the period. A combined 1.4 million