SBI Card trades higher for third straight day; stock up 8% on heavy volumes

Shares of SBI Cards and Payment Services were trading higher for the third straight day, advancing 8 per cent to Rs 976 on the BSE in the intra-day trade on Friday, on the back of heavy volumes. In the past three days, the stock has gained 10 per cent after correcting 22 per cent from its record high level of Rs 1,149 touched on February 24, 2021.

At 01:05 pm, SBI Cards was trading 7 per cent higher at Rs 970 on the BSE as against a 0.31 per cent rise in the S&P BSE Sensex. Trading volumes on