Live Blog: SBFC Finance Share Price Updates on 15 May 2024

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SBFC Finance Share Price Today Live Updates: SBFC Finance’s stock experienced a turbulent day of trading on May 15, 2024. The stock opened at ₹84.34 and closed at ₹84.29, with a high of ₹84.34 and a low of ₹81.10. The market capitalization of SBFC Finance stood at ₹8746.61 crore, with 143,247 shares traded on the BSE.

In the latest update, SBFC Finance’s share price dropped by 3.19% to reach ₹81.6, while its peer companies showed mixed results. Sahaj Fashions and Chavda Infra saw declines, while Crop Life Science, Trident Techlabs, and Shri Balaji Valve Components witnessed an increase in their share prices. The benchmark indices Nifty and Sensex were down by 0.14% and 0.05% respectively.

Analysts have rated SBFC Finance as a Hold, with a median price target of ₹90.0, representing a 10.29% increase from the current market price. The lowest target price among analyst estimates is ₹80.0, while the highest is ₹115.0. These target price estimates are for the next 1 year.

Overall, SBFC Finance’s stock price has decreased by -3.19% and is currently trading at ₹81.60. In comparison, Nifty has seen a 20.76% increase over the past year. The technical trend suggests a bearish near-term outlook for SBFC Finance. Investors will be closely monitoring the stock’s performance in the coming days.

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