SBI CARDS - undervalued?

3월 14일

SBI CARDS is currently at it's lowest ever P/E. It is trading at 28.5 P/E while its lifetime median P/E is 54.4. It is constantly posting good revenue and profit which makes it a very highly undervalued company at its present price and P/E. It can be considered a good buy for both short and long term.
Trade can also be taken on the basis on range bound trading strategy with range being 686 to 926 and it can give approximately 30% return from present levels. The target will be achieved within 150 days at max.

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