Live Updates: SBFC Finance Share Price on 09 May 2024

SBFC Finance Share Price Today: SBFC Finance’s stock had a mixed day of trading on May 9, 2024. The stock opened at ₹81.5 and closed at ₹81.16. The high for the day was ₹84.78, while the low was ₹80.45. The market capitalization stood at ₹8982.43 crore, with a 52-week high of ₹97.99 and a low of ₹72.23. The BSE volume for the day was 230,026 shares.

In terms of live updates, the stock’s low price was ₹82.55 and the high price was ₹84.34. The simple moving average for different time periods ranged from 85.30 to 86.47. The short-term and long-term trends were both bearish according to technical analysis.

Analysts rated the stock as a hold, with a median price target of ₹90.00, 8.38% higher than the current market price. The consensus among analysts showed a mix of ratings, with some recommending a sell.

In comparison to its peers, SBFC Finance’s stock price dropped by 1.49% to ₹83.03, while other companies like Redtape and Happy Forgings showed an upward trend. Overall, the benchmark indices Nifty and Sensex were down by 0.75% and 0.69% respectively.

The share price analysis revealed a decrease of -1.17% for SBFC Finance, currently trading at ₹83.30. Over the past year, the stock has experienced a significant decline. Despite the bearish outlook, analysts still rated the stock as a hold with varying target prices for the next year.