Empirical Study on the Influence of Subsidiary Profits on Holding Company Stock Prices: Evidence from SBI Cards & Payment Services and State Bank of India
Author(s): Dr. Shankargouda B. Lakkangoudr
Authors Affiliations:
Associate Professor, School of Commerce, Presidency University, Bengaluru, Karnataka, INDIA
DOIs:10.2015/IJIRMF/202506025     |     Paper ID: IJIRMF202506025Abstract: This paper investigates the influence of subsidiary-level profitability on the stock price dynamics of the holding company, using SBI Cards & Payment Services ltd and its parent entity, State Bank of India (SBI), as a focused case study. Through financial data analysis and stock price correlation, the study explores how market participants react to the financial performance of a major listed subsidiary and its effect on the holding company's market valuation.
Dr. Shankargouda B. Lakkangoudr (2025); Empirical Study on the Influence of Subsidiary Profits on Holding Company Stock Prices: Evidence from SBI Cards & Payment Services and State Bank of India, International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-11, Issue-6, Pp.190-195. Available on – https://www.ijirmf.com/

