Strong Bullish Momentum and Volume SurgeAUBANK (8.41%)
Bullish Momentum Building
AUBANK is showing promising bullish signs across several technical indicators. A Bullish Marubozu candlestick has formed, complemented by an RSI Breakout, signaling a shift toward bullish momentum. The stock has broken out of the Bollinger Bands, with VWAP and Volume confirming the strength of this move.
Resistance Levels: 684-702-733
Support Levels: 634-602-584
Entry: @/above 669.90
Stop Loss: @/below 590.75
Volume Analysis: A significant volume breakout was observed on April 23rd, surpassing the average volume of 4.65M, suggesting strong market interest and buying power.
VOLUMEBREAKOUT
#MAZDOCK - VCP Break Out in Daily Time Frame📊 Script: MAZDOCK
Key highlights: 💡⚡
📈 VCP Break Out in Daily Time Frame.
📈 Price consolidated near Resistance.
📈 BO with Volume spike.
📈 MACD Bounce
📈 RS making 52WH
📈 One can go for Swing Trade.
BUY ONLY ABOVE 3030 DCB
⏱️ C.M.P 📑💰- 3027
🟢 Target 🎯🏆 – 25%
⚠️ Stoploss ☠️🚫 – 14%
️⚠️ Important: Market conditions are Okish, Position size 50% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Breakout with Bullish Engulfing Confirmation | Daily Chart🏦 SBI LIFE INSURANCE CO LTD – Breakout with Bullish Engulfing Confirmation | Daily Chart
📅 Date: April 28, 2025
📈 Timeframe: Daily Chart
🔍 Stock: SBI Life Insurance Co Ltd (NSE)
📌 Technical Overview:
SBI Life is showing strong bullish momentum on the daily chart after breaking out above a key horizontal resistance around ₹1,584.
The price has formed a Bullish Engulfing candlestick pattern, indicating renewed buyer strength, backed by heavy volume.
🧩 Chart Pattern:
Strong horizontal resistance at ₹1,584 (now acting as support).
Bullish Engulfing candle printed around ₹1,736.10, showing strong rejection of lower levels.
Price structure continues to maintain higher highs and higher lows – a positive sign for bulls.
🔍 Key Price Levels:
Support Zones: ₹1,584(marked in red)
Major Support: ₹1,372.55(green horizontal line)
Current Market Price (CMP): ₹1,736.10
A sustained move above ₹1,736 with rising volume could potentially take the stock towards higher psychological levels around ₹1,800+.
📊 Volume Analysis:
Strong volume breakout observed during the recent rally.
Volume spike supports the validity of the bullish breakout, indicating increased buying interest.
🧠 Observational Bias:
As long as SBI Life holds above ₹1,584, the short-term to medium-term bias remains positively bullish. Any healthy pullbacks near ₹1,580–₹1,600 zones could offer better risk-reward setups for positional traders.
KRBL LTS- Falling Wedge Breakout | Trend Reversal Signal Ahead?KRBL LTD – Falling Wedge Breakout 💥 | Trend Reversal Signal Ahead?
📅 Published on: April 17, 2025
📈 Technical Analysis:
KRBL has shown a bullish breakout from a long-term falling wedge pattern on the daily chart — a classic reversal pattern signalling a potential upward move after prolonged consolidation. The breakout candle is supported by strong volume and a bullish RSI setup.
Pattern: Falling Wedge (Bullish)
Breakout Price: ₹306.60
Previous Resistance Line: Now acting as support
Breakout Volume: 1.45M (above average)
🧭 Key Support & Resistance Levels:
Immediate Support: ₹290
Major Support: ₹275
Immediate Resistance: ₹315
Next Resistance Zone: ₹330 – ₹345
Trendline Resistance (Broken): ₹300 (now support)
🔍 Indicators:
RSI (Relative Strength Index):
Current RSI: 66.39 — bullish, nearing overbought zone, shows strong momentum.
RSI Bullish Crossover observed in April, indicating accumulation before breakout.
🧠 Price Action Observations:
Price respected the wedge formation since March 2024.
A strong bullish candle broke above the upper wedge with conviction.
RSI confirms strength, aligning with price action breakout.
Volume surge supports the breakout's validity.
📌 Strategy (For Educational Purposes):
Entry: ₹305–310 (on retest)
Stop Loss: ₹285 (below wedge support)
Targets:
₹330
₹345
₹360+
📊 Visual Markings & Icons:
White Trendlines: Highlighting falling wedge support and resistance.
Bullish RSI Tags: Marking key bullish RSI crossovers.
Volume Spikes: Notable on breakout day.
Breakout Candle: Large green candle breaching the upper wedge line.
⚠️ Disclaimer:
This analysis is for educational and informational purposes only. Please consult your financial advisor before making any trading decisions.
Bullish Momentum with RSI and Bollinger BreakoutMOTILALOFS (6.16%)
Bullish Trend and Breakout
MOTILALOFS is showing strong bullish momentum, with a Bullish Marubozu candlestick signaling the continuation of upward momentum. The RSI Breakout and Bollinger Band Breakout both point to an increase in buying pressure. The volume has seen a notable uptick, confirming the strength of the bullish move.
Resistance Levels: 787-805-834
Support Levels: 740-711-693
Entry: @/above 775.95
Stop Loss: @/below 653.65
Volume Analysis: Volume has been significantly higher than average, with a noticeable volume of 8.29M on 23rd April. This suggests that institutional or large players might be entering the stock.
Bullish Breakout SetupSONACOMS (5.95%)
Bullish Setup Alert
We are seeing a strong bullish signal for SONACOMS, with multiple key indicators aligning for a potential breakout. A Bullish Marubozu candlestick has formed, indicating strong bullish momentum. Additionally, the RSI has broken out, signaling increasing buying strength. The SuperTrend and VWAP both confirm bullish sentiment, while the TTM Squeeze suggests a volatility breakout in the making.
Resistance Levels: 488-497-515
Support Levels: 461-444-434
Entry: @/above 479.85
Stop Loss: @/below 448.30
Volume Analysis: Volume has been robust, which could suggest accumulation and increased market interest.
Hindustan Foods Ltd-Symmetrical Triangle Breakout!Hindustan Foods Ltd.—Symmetrical Triangle Breakout! 🚀📈
📅 Published on: April 12, 2025
📊 Chart Insight:
HNDFDS has broken out of a well-formed symmetrical triangle pattern on the daily chart, signaling a potential bullish continuation. The breakout is accompanied by a solid green candle and volume surge, hinting at strong momentum ahead.
🔍 Key Technical Highlights:
🔺 Pattern: Symmetrical Triangle (Lower highs + Higher lows)
📏 Breakout Level: ₹560
📈 Current Price: ₹571.65 (+4.03%)
📊 Volume Spike: 109.28K—a notable increase compared to recent sessions
📌 Support & Resistance Levels:
Immediate Support: ₹560 (breakout level)
Next Support (lower trendline): ₹530
Resistance Levels to Watch:
₹586 (minor supply zone)
₹615
₹645 (swing high)
📉 RSI Indicator:
Current RSI: 60.40—strong upward move, not yet overbought
Hidden Bullish Divergence (visible on chart): RSI made higher lows while price was consolidating—early bullish signal
Bearish markers now invalidated post-breakout
🧠 Trade Idea / Strategy:
📥 Buy on dips near ₹560–₹565 if price retests breakout
🛑 Stop-loss: ₹530 (below ascending trendline)
🎯 Targets: ₹586 ➡ ₹615 ➡ ₹645
📘 Note: Triangle breakouts typically indicate strong price movement after consolidation. Volume confirmation adds conviction.
🔔 Disclaimer: This chart is for educational purposes only. Do your own analysis or consult a financial advisor before investing.
Ujjivan Small Finance Bank-Breakout from Downtrend!Ujjivan Small Finance Bank—Breakout from Downtrend! 🔥
📆 Date: April 9, 2025
📊 Chart Analysis:
UJJIVANSFB has convincingly broken out of a long-standing falling trendline, indicating renewed bullish momentum. The breakout is supported by a strong bullish candle and above-average volume, suggesting a potential trend reversal.
📌 Key Levels:
🛑 Resistance (Breakout Zone): ₹38
✅ Support (Base Formation): ₹30.95
🔼 Immediate Resistance Levels: ₹42, ₹46, ₹50
📈 Indicators & Observations:
📉 Downtrend line broken after multiple rejections—a bullish sign.
🔍 RSI at 67.5—approaching the overbought zone but showing strong momentum.
📊 Volume surge at 32.46M suggests institutional interest and confirmation of breakout.
📌 RSI Bullish Label (Green “Bull” icon) confirms momentum strength earlier.
🧠 Strategy Ideas:
Retesting near the ₹37–₹38 zone can be a buy-on-dip opportunity.
Targets: ₹42 ➡️ ₹46 ➡️ ₹50
SL: Below ₹36 (trendline)
📌 Disclaimer: This analysis is for educational purposes only. Always do your own research or consult a SEBI-registered advisor before investing
RBL Bank Ltd- Range Breakout + Trendline Break!RBL Bank Range Breakout + Trendline Break! 💥🚀
📅 Published on: April 16, 2025
📊 Chart Insight:
RBLBANK has given a dual breakout—piercing above a long-standing descending trendline and breaking out of a rectangle consolidation zone. This combo setup indicates a potential trend reversal or continuation rally from here on.
🔍 Technical Highlights:
🔺 Pattern: Rectangle range breakout + descending trendline breakout
🟪 Consolidation Range: ₹148–₹178 (marked in purple)
📈 Breakout Candle Close: ₹181.57
📊 Volume Surge: 218.23K—strong bullish confirmation
📌 Support & Resistance Levels:
🟢 Immediate Support: ₹178 (top of the rectangle zone)
🟢 Next Strong Support: ₹164 (middle of the rectangle)
🔴 Resistance Levels to Watch:
₹188 (trendline zone retest)
₹198
₹212 (gap fill level)
📈 Trendline Analysis:
Price has broken above the major descending trendline from April 2024 highs.
This trendline had been acting as dynamic resistance and is now a potential trend shifter.
🧠 Trade Idea/Strategy:
💹 Entry: Near ₹178–₹181 (post-breakout retest ideal)
🛑 Stop-loss: Below ₹164
🎯 Targets: ₹188 ➡ ₹198 ➡ ₹212
📍 Visual Indicators Used:
✅ Rectangle drawn to capture sideways accumulation
✅ Trendline from previous highs marking resistance
✅ Volume spike indicating strong buying interest
📘 Note: Multiple timeframe confirmation is advised. Volume and structure align well with bullish bias.
🔔 Disclaimer: Educational post only. Always do your own research or consult with a SEBI-registered advisor
#HCG - VCP Break Out in Daily Time Frame📊 Script: HCG
Key highlights: 💡⚡
📈 VCP Break Out in Daily Time Frame.
📈 Okish Price consolidation near Resistance.
📈 BO with Volume spike.
📈 MACD Bounce
📈 RS making 52WH
📈 One can go for Swing Trade.
BUY ONLY ABOVE 570 DCB
⏱️ C.M.P 📑💰- 574
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
️⚠️ Important: Market conditions are bad, Position size 20% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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RACL Geartech Ltd - Trendline Breakout with Volume ConfirmationRACL Geartech Ltd – Trendline Breakout with Volume Confirmation! 🚀🔥
📅 Date: April 12, 2025
📊 Chart Overview:
RACL Geartech has shown a strong bullish breakout above a long-standing descending trendline resistance, backed by a massive volume surge—a classic breakout confirmation signal.
📌 Key Levels:
📈 Breakout Level (Previous Resistance): ₹760
✅ New Support: ₹760
🔼 Resistance Zones Ahead: ₹860 ➡️ ₹900 ➡️ ₹950
⚠️ Stop-loss for Swing Position: ₹740 (below breakout + trendline)
📈 Technical Indicators:
📊 Volume Spike: Today’s volume (87.5K) is significantly higher than the recent average, indicating strong buying interest.
📉 RSI (Relative Strength Index): At 63.43, showing positive momentum with potential room before entering overbought territory.
📉 MACD-like indicator (yellow line vs red line crossover): Clear upward crossover—bullish shift in momentum.
📏 Trendline drawn from December 2024 highs to recent lower highs—now convincingly broken.
🧠 Trade Strategy:
🎯 Consider buying on dips near ₹770–₹785 if retest occurs.
🛡 SL: ₹740
🎯 Targets: ₹860 ➡️ ₹900 ➡️ ₹950
📌 Disclaimer: This chart is for educational and analytical purposes. Always conduct your own analysis or consult a registered financial advisor before taking any trading/investment decision.
#SHYAMMETL - Cup & Handel Break Out in Daily Time Frame. 📊 Script: SHYAMMETL
Key highlights: 💡⚡
📈 Cup & Handel Break Out in Daily Time Frame.
📈 Price consolidation near Resistance & gave a BO with Volume
📈 Volume spike seen.
📈 MACD Bounce
📈 RS making 52WH
📈 One can go for Swing Trade.
BUY ONLY ABOVE 915 DCB
⏱️ C.M.P 📑💰- 914
🟢 Target 🎯🏆 – 14%
⚠️ Stoploss ☠️🚫 – 7%
️⚠️ Important: Market conditions are getting better, Position size 50% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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#SARDAEN VCP Formation in DTF - Keep In WL 📊 Script: SARDAEN
Key highlights: 💡⚡
📈 VCP BreakOut in Daily chart.
📈 Price gave a good up move and consolidated before BO.
📈 Volume spike on Breakout
📈 MACD Cross Over
📈 One can go for Swing Trade.
BUY ONLY ABOVE 511 DCB
⏱️ C.M.P 📑💰- 506
🟢 Target 🎯🏆 – 20%
⚠️ Stoploss ☠️🚫 – 108
️⚠️ Important: Market conditions are not great, Paper Trade Only. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
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#MANAPPURAM - Weekly Time Frame VCP Break Out with Volume📊 Script: MANAPPURAM
Key highlights: 💡⚡
📈 VCP formation in Weekly chart.
📈 Volume Spike seen
📈 Can Enter Breakout on if price sustains
📈 MACD Bullish
📈 RS is Bullish
📈 One can go for Swing Trade.
BUY ONLY ABOVE 240 WCB
⏱️ C.M.P 📑💰- 235
🟢 Target 🎯🏆 – 35%
⚠️ Stoploss ☠️🚫 – 17%
️⚠️ Important: Market conditions are getting better, Position size 50% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
✅Like and follow to never miss a new idea!✅
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#GABRIEL - VCP Break Out in Daily chart with Volume Spike📊 Script: GABRIEL
Key highlights: 💡⚡
📈 VCP formation in Daily chart.
📈 Price gave a good up move and consolidated.
📈 Volume spike on Breakout
📈 MACD Bounce
📈 RS is making 52WH
📈 One can go for Swing Trade.
BUY ONLY ABOVE 565DCB
⏱️ C.M.P 📑💰- 561
🟢 Target 🎯🏆 – 21%
⚠️ Stoploss ☠️🚫 – 11%
️⚠️ Important: Market conditions are getting better, Position size 25% per Trade. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
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This Stock is Bouncing Back from Strong Support, Big Move ahead.Hello everyone , i hope you all will be doing good in your life and your trading as well. Today i have brought an idea on Chennai Petroleum which is Looking fantastic on chart. Let's analyse this and find opportunity for short term to long term.
Looking at the weekly chart of Chennai Petroleum Corp Ltd., the stock has previously made some huge moves — a 277% rally and even a bigger 462% swing . These past moves highlight that the stock has the potential for major price action when the right conditions align. Right now, the stock has found support at an important rising support trendline , which could set the stage for another upward move.
Recently, a bullish engulfing candle with a significant volume spike formed, which is a strong signal for a potential reversal. For those looking to enter, the 570-530 range could be a good spot. The first short-term target is 651 , followed by 750 and a medium-term target of 851 . For those in it for the long haul, the final target could be around 1065 . If the price moves against us, a stop loss at 433 will help manage the risk. Given the stock's history and recent chart formation, we might just see history repeat itself, making this a solid opportunity for both short-term and long-term trades.
Fundamental Ratio:
Market Cap
₹ 8,360 Cr.
Current Price
₹ 561
High / Low
₹ 1,275 / 433
Stock P/E
22.5
Book Value
₹ 518
Dividend Yield
9.80 %
ROCE
35.1 %
ROE
35.9 %
Face Value
₹ 10.0
Industry PE
20.3
Debt
₹ 6,114 Cr.
EPS
₹ 25.0
Promoter holding
67.3 %
Intrinsic Value
₹ 482
Return over 5years
53.6 %
Debt to equity
0.79
Net profit
₹ 372 Cr.
Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions.
If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
#MANAPPURAM - Potential BO / Keep in Radar/ March25📊 Script: MANAPPURAM
Key highlights: 💡⚡
📈 VCP formation in Daily chart.
📈 Price gave a good up move and went into consolidation.
📈 Wait for Volume spike on Breakout.
📈 Wait for BO with Volume
📈 One can go for Swing Trade.
BUY ONLY ABOVE 215 DCB
⏱️ C.M.P 📑💰- 206
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – NA%
️⚠️ Important: Market conditions are not great, Paper Trade Only. Protect Capital Always
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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#CHAMBLFERT – VCP Pattern Forming! Keep It on Your Radar! 📊 Script: CHAMBLFERT
Key highlights: 💡⚡
📈 VCP in DTF
📈 Wait BO with Volume in DTF
📈 Wait for consolidation
📈 MACD needs to give a Bounce
📈 Price consolidated for 258 days
📈 One can go for Swing Trade
⚠️ Over All Market condition is bad, Practice paper trading
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE 596 DCB
⏱️ C.M.P 📑💰- 562
🟢 Target 🎯🏆 – 20%
⚠️ Stoploss ☠️🚫 – 10%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅#Boost, #Like & #Follow to never miss a new idea! ✅
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AVANTI FEEDS - VCP Pattern Breakout Watchlist 📈 AVANTI FEEDS - VCP Pattern Breakout Watchlist 🔥
Formation: VCP (Volatility Contraction Pattern)
Today's Action: Forming a Wide Range Candle with rising volume 📊
Key Level: If closes above ₹797, can consider adding a small quantity ✅
Technical Strength: Trading above 50 & 200 DMA 📈
Support Levels: Marked below for reference
Volume: Picking up, indicating accumulation by smart money 💰
💡 Why Add to Watchlist?
✅ Wide Range Candles forming as price moves up with volume 🔥
✅ Sector Showing Strength – Group movements seen in similar stocks 🚀
✅ Accumulation Signs – Strong hands likely entering 📊
⚠️ Market Condition:
The market is weak & unstable 📉, so this is just an alert to keep on your radar. Once the market stabilizes, such setups tend to move well. Don't go all in—watch and buy in small quantities only.
📌 Action Plan:
👉 Keep on Watchlist 👀
👉 Wait for a strong close above ₹797
👉 Gradual accumulation, not aggressive buying
🔎 Do Your Homework in a Bear Market! 🧐
Stocks like this don’t just appear—they are selected based on patterns, volume action, and sector strength 📈
Bear markets separate smart investors from the crowd—use this time to analyze & learn 🧠
Bull markets don’t give time to learn—by then, prices move too fast! 🚀
In a bull market, mistakes are forgiven. In a bear market, even small mistakes can hurt 😓
📢 Final Thought:
📚 Bear markets are for learning.
💎 Bull markets reward those who prepared.
🚀 Stay ahead, do your research, and execute with discipline!
📢 Disclaimer: This is not financial advice. Do your own research before taking any trade. Risk management is key! 🚨
#CHOLAFIN - VCP / C&H BO in DTF📊 Script: CHOLAFIN
Key highlights: 💡⚡
📈 VCP in DTF
📈 BO with Volume
📈 MACD gave a Bounce
📈 Price consolidated for 85Days
📈 One can go for Swing Trade
⚠️ Over All Market condition is bad, Practice paper trading
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE 1435 DCB
⏱️ C.M.P 📑💰- 1433
🟢 Target 🎯🏆 – 6%
⚠️ Stoploss ☠️🚫 – 2.90%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅#Boost, #Like & #Follow to never miss a new idea! ✅
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#INDIANHUME - Reversal Pattern (W Bottom Pattern)📊 Script: INDIANHUME
Key highlights: 💡⚡
📈 W Bottom Pattern at Demand Zone
📈 Deman Zone tested
📈 W Bottom Pattern BO in DTF
📈 Volume Spike Seen
📈 MACD can give a Bounce
📈 Price consolidated for 31Days
📈 One can go for Swing Trade
⚠️ Over All Market condition is bad, Practice paper trading
🟢 If you have any questions regarding the setup, please feel free to leave your inquiries in the comments, and I will respond promptly.
BUY ONLY ABOVE NA DCB
⏱️ C.M.P 📑💰- 373
🟢 Target 🎯🏆 – NA%
⚠️ Stoploss ☠️🚫 – Below Swing Low%
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅#Boost, #Like & #Follow to never miss a new idea! ✅
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SBICARD: Monthly Pennant Breakout - How High Can It Fly?NSE:SBICARD
The stock has given a pennant pattern breakout on monthly chart with good volume along with second month on consecutive buying
This month's closing would be interesting to watch as it'd confirm the follow on move
916.95 / 946 / 1149 will act as strong resistance levels especially 1149 which is around it's ATH level a monthly close above it will fuel the further rally.
Since it's ATH in September 2021 stock has been in a downtrend but seems like things are about to change for good
SBI Cards & Payment Services is India's second-largest credit card issuer and a subsidiary of SBI.
Market Position :
SBI Cards is a leader in the credit card industry, holding an 18.5% market share in card-in-force and a 15.7% share in spending. You'll find them actively expanding into Tier-2 and Tier-3 cities to tap into new markets. Plus, partnerships with brands like Apple and Singapore Airlines help them attract premium customers.
Recent Financials (Q3 FY25):
Revenue: ₹4,767 crore (up 1% YoY).
Net Profit: ₹383 crore (down 30% YoY).
Net Interest Income (NII): ₹3,790 crore (down 3.5% YoY).
Asset Quality: Gross NPA at 3.24%, Net NPA at 1.18%.
9-Month Performance (9MFY25):
Revenue: ₹14,300 crore (up ~2% YoY).
Net Profit: ₹1,200 crore (down ~25% YoY).
Where is SBI Cards Headed?
Management is optimistic, projecting annual revenue growth of 10%-15% over the next two years. The plan involves:
Tapping into smaller cities to bring in new customers.
Boosting the digital experience for seamless customer interactions.
Launching exciting co-branded cards aimed at high-value users.
And don't forget, potential RBI rate cuts in FY26 could lower borrowing costs and boost the bottom line.