Paytm share price climbs 6% in intra-day deals, rallies 19% over 5 consecutive sessions
4 months ago

Paytm share price climbs 6% in intra-day deals, rallies 19% over 5 consecutive sessions

Live Mint  

Stock Market Today: Shares of One97 Communications, the parent company of Paytm, surged over 6 per cent on November 22, marking the fifth consecutive trading session of gains. Bernstein estimates that this shift could contribute an additional 8 per cent to Paytm’s EPS, alongside a 25 per cent compound annual growth rate in gross merchandise value through FY30. These include sustained pressure on payment margins and slower loan disbursal growth, which could result in a 40 per cent downside to the base case estimates. Stock Price Performance Paytm’s stock rose 6.2 per cent to ₹897.90 on November 22, extending its rally to the fifth straight session.

History of this topic

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