Paytm shares nosedive 6% on Alibaba block deal, but there’s a catch
2 years, 2 months ago

Paytm shares nosedive 6% on Alibaba block deal, but there’s a catch

Live Mint  

Indian digital payments and financial services company, Paytm shares nosedived by nearly 9% on Thursday after a block deal that is supposed to be carried by Chinese group Alibaba. Sources close to the development told Mint that "there was a big movement in Paytm’s stock today as a block deal took place where 2,59,930 shares were sold at ₹535.90 worth 13.93 crore rupees." Further, in Q3FY23, the company's Paytm Super App continues to see growing consumer engagement with the average MTU at 85 million, registering a growth of 32% YoY. In its research note dated January 11, American financial services company, Morgan Stanley highlighted that Paytm will be key beneficiary of the latest approval from the government for the incentive scheme of ₹26 billion for promoting f RuPay Debit Cards and low-value BHIM-UPI transactions for FY23.

Company Crore Chinese Deal Yoy Paytm Upi Rupay Paytm Shares Alibaba Shares Nosedive  block  shares  nosedive  yoy  crore  theres  catch  alibaba  equity  company  deal  share  financial  paytm

History of this topic

Paytm shares surge 6% as subsidiary gets Sebi's research analyst certificate
1 week, 1 day ago

Paytm shares surge 6% as subsidiary gets Sebi's research analyst certificate

India Today  

Shares of One97 Communications Limited, which owns Paytm, surged up to 6% in early trade on Tuesday after its subsidiary got a green light from the Securities and Exchange Board of India to offer research services. In a filing with the Bombay Stock Exchange, Paytm said, "We wish to inform you that Paytm Money Ltd, a wholly-owned subsidiary of One …

Paytm shares drop after firm gets ED notice over alleged FEMA violations
3 weeks, 2 days ago

Paytm shares drop after firm gets ED notice over alleged FEMA violations

Hindustan Times  

Shares of Paytm owner One97 Communications on Monday plunged more than 4 per cent after the enforcement directorate has sent a notice to the fintech firm for the alleged violation of certain FEMA rules by the company and its two subsidiaries with respect to certain investment transactions. In a regulatory filing on Saturday, Paytm said that it has received a …

Eight of India's top 10 companies lose ₹1.65 lakh crore in market cap, TCS hit hardest
1 month ago

Eight of India's top 10 companies lose ₹1.65 lakh crore in market cap, TCS hit hardest

Hindustan Times  

The combined market valuation of eight of the top-10 most valued firms eroded ₹1,65,784.9 crore last week, with Tata Consultancy Services taking the biggest hit, in line with bearish trends in equities. The combined market valuation of eight of the top-10 most valued firms eroded ₹ 1,65,784.9 crore last week Last week, the BSE benchmark declined 628.15 points, or 0.82 …

Explained: Why Paytm share price tumbled nearly 9% today
2 months ago

Explained: Why Paytm share price tumbled nearly 9% today

India Today  

Shares of One97 Communication Limited fell sharply during Friday’s trading session after media reports indicated that the fintech company and seven other payment gateways were being investigated by the Enforcement Directorate in connection with a cryptocurrency scam. The shares of the fintech company have been on a poor run, falling nearly 14% in the past five trading sessions. A few …

Paytm Q3 2025 results: Revenue falls 36%, but losses narrow by 6% as expenses drop
2 months ago

Paytm Q3 2025 results: Revenue falls 36%, but losses narrow by 6% as expenses drop

Hindustan Times  

Paytm Q3 2025 results: One 97 Communications Ltd, the parent company of mobile payments giant Paytm, on Monday released its third quarter financial results for the financial year 2024-25. The company's revenue was ₹1,827.80 crore, which was a fall of 35.87 per cent or ₹1,022.70 crore, compared to ₹2,850.50 crore seen during the third quarter of the previous year. This …

Paytm share price gains after reporting Q3 results. Check details here
2 months ago

Paytm share price gains after reporting Q3 results. Check details here

India Today  

Shares of One97 Communication Limited, the parent company of digital payments firm Paytm, rose after the company reported its financial results for the third quarter. The company’s net loss narrowed to Rs 208 crore in Q3FY25, compared to Rs 219.8 crore in the same period last year. “Our employee costs for 9M FY 2025 is lower by Rs 451 Cr …

2024 Review: From rock bottom to market darling – Paytm soars 220% from low, emerges as top turnaround stock
3 months ago

2024 Review: From rock bottom to market darling – Paytm soars 220% from low, emerges as top turnaround stock

Live Mint  

Some stocks exhibit a remarkable ability to bounce back after long periods of downturns, showcasing their resilience and strength. After plunging to an all-time low in May, Paytm's stock staged a stunning rally, reaching a three-year high by December. Additional positive developments supporting the stock's rebound include the Ministry of Finance’s approval for foreign direct investment in its subsidiary PPSL …

Paytm shares hit 52-week high; up more than 3%
3 months, 2 weeks ago

Paytm shares hit 52-week high; up more than 3%

The Hindu  

Shares of One97 Communications, which owns the Paytm brand, on Monday jumped more than 3% on the bourses after the company approved the sale of stake in Softbank group's fintech firm PayPay Corporation. Equity markets see high volatility, Sensex falls 150 points, nifty down 37 points As the company's shares touched a 52-week high, the market valuation of Paytm rose …

Paytm share price jumps 3% to 52-week high on announcement of stake sale in PayPay Corp to SoftBank
3 months, 2 weeks ago

Paytm share price jumps 3% to 52-week high on announcement of stake sale in PayPay Corp to SoftBank

Live Mint  

Stock Market Today: Shares of One 97 Communications, parent of fintech firm Paytm, jumped over 3 per cent to a fresh 52-week high of ₹1,007 on Monday, December 9 after the company said it will sell its stake in PayPay Corporation to SoftBank. Paytm said its wholly-owned subsidiary One97 Communications Singapore Private Limited's board at a meeting held on Friday, …

Paytm shares rise 3% to hit 52-week high. What's driving the rally?
3 months, 2 weeks ago

Paytm shares rise 3% to hit 52-week high. What's driving the rally?

India Today  

Shares of Paytm,, rose 3% in early trade on Monday to hit a 52-week high. The surge came after the company announced that its wholly-owned subsidiary, One97 Communications Singapore Pvt Ltd, had sold its Stock Acquisition Rights in Japan-based PayPay Corporation to SoftBank Vision Fund 2. Paytm shares climbed 3.19% in early trade to reach Rs 1,007 on the Bombay …

Paytm shares rise above Rs 1,000 today. 3 things you need to know
Trending News
3 months, 2 weeks ago

Paytm shares rise above Rs 1,000 today. 3 things you need to know

India Today  

Paytm shares rallied over 3% on Monday, hitting a 52-week high of Rs 1,007 on the Bombay Stock Exchange. Here are three key factors propelling Paytm’s stock upward: STRATEGIC SALE Paytm’s Singapore-based unit approved the sale of its Stock Acquisition Rights in Japanese payments firm PayPay to SoftBank Vision Fund 2 for JPY 41.9 billion. PAYTM'S FINANCIAL PERFORMANCE Paytm reported …

Paytm share price hits 52-week high today. What's driving the rally?
3 months, 2 weeks ago

Paytm share price hits 52-week high today. What's driving the rally?

India Today  

Shares of One 97 Communications Ltd, Paytm’s parent company, climbed over 3.5% to hit a fresh 52-week high on Friday. The stock jumped 3.60% to hit a 52-week high of Rs 990.90 on Friday. The rally followed media reports suggesting that Paytm may sell its stake in Japan's PayPay to SoftBank for $250 million. The company posted its first-ever quarterly …

Paytm share price hits 52-week high, up 185% in 6 months: More gains ahead?
3 months, 3 weeks ago

Paytm share price hits 52-week high, up 185% in 6 months: More gains ahead?

India Today  

Shares of One97 Communications Ltd, the parent company of Paytm, hit a 52-week high during Thursday’s trading session. The stock’s recovery began after it plummeted to an all-time low of Rs 310 in May following restrictions imposed by the Reserve Bank of India on Paytm Payments Bank Ltd. For the second quarter of FY25, Paytm posted a profit after tax …

Paytm stock up 140% in 6 months. Should investors book profits or hold on? Experts weigh in
3 months, 3 weeks ago

Paytm stock up 140% in 6 months. Should investors book profits or hold on? Experts weigh in

Live Mint  

Paytm share price rose over 2 per cent in morning trade on BSE on Wednesday, December 4. With Paytm stock delivering strong gains over the past six months, many investors are grappling with the question: should they book profits or stay invested? Atul Parakh, CEO of Bigul Paytm's stock surge is underpinned by a combination of resolved regulatory issues, positive …

Paytm stock climbs to 13-month high as UBS raises target price, up 200% from record low
3 months, 3 weeks ago

Paytm stock climbs to 13-month high as UBS raises target price, up 200% from record low

Live Mint  

Stock Market Today: Shares of One 97 Communications, the parent company of Paytm, surged nearly 3.40% in Thursday's trade to hit a 13-month high of ₹950 apiece, bringing the stock closer to the ₹1,000 level. The stock has been drawing significant attention on Dalal Street due to several positive developments, with the latest being a target price hike by global …

Paytm Share Price Today on 27-11-2024: Paytm share price are up by 2.12%, Nifty down by -0.02%
3 months, 3 weeks ago

Paytm Share Price Today on 27-11-2024: Paytm share price are up by 2.12%, Nifty down by -0.02%

Live Mint  

Paytm Share Price Today on 27-11-2024: At 27 Nov 11:02 today, Paytm shares are trading at price ₹905.25, 2.12% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm has made a big new bet. Will it pay off?
3 months, 3 weeks ago

Paytm has made a big new bet. Will it pay off?

Live Mint  

Since its debut on Dalal Street three years ago, Paytm has been battling several challenges. View Full Image Source: Tijorifinance Financial services The RBI's action caused Paytm’s operating model to change significantly as lenders turned cautious. View Full Image Source: Tijorifinance During Q2 FY25, 600,000 unique consumers and merchants availed of financial services through Paytm, up from 590,000 during Q1 …

Paytm Share Price Today on 26-11-2024: Paytm share price are up by 0.54%, Nifty down by -0.08%
Top News
4 months ago

Paytm Share Price Today on 26-11-2024: Paytm share price are up by 0.54%, Nifty down by -0.08%

Live Mint  

Paytm Share Price Today on 26-11-2024: At 26 Nov 11:06 today, Paytm shares are trading at price ₹897.45, 0.54% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm Share Price Today on 25-11-2024: Paytm share price are down by -0.81%, Nifty up by 1.68%
4 months ago

Paytm Share Price Today on 25-11-2024: Paytm share price are down by -0.81%, Nifty up by 1.68%

Live Mint  

Paytm Share Price Today on 25-11-2024: At 25 Nov 11:11 today, Paytm shares are trading at price ₹892.75, -0.81% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm Share Price Today on 22-11-2024: Paytm share price are up by 5.78%, Nifty up by 1.28%
4 months ago

Paytm Share Price Today on 22-11-2024: Paytm share price are up by 5.78%, Nifty up by 1.28%

Live Mint  

Paytm Share Price Today on 22-11-2024: At 22 Nov 12:23 today, Paytm shares are trading at price ₹894.3, 5.78% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

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 …

Paytm shares jump 3% today after brokerage Bernstein's update. Should you buy?
4 months ago

Paytm shares jump 3% today after brokerage Bernstein's update. Should you buy?

India Today  

Shares of One97 Communications Limited, Paytm's parent company, gained in early trade after global brokerage Berstein's latest price target update. The update reflects growing confidence in the fintech firm’s prospects, with the global brokerage firm projecting significant earnings growth under a favourable scenario. It highlighted that Paytm’s payment margins, currently at 10 basis points due to regulatory actions, could recover …

Paytm, 13 other Nifty 500 stocks shine amid market selloff, gain up to 38% in a month
4 months ago

Paytm, 13 other Nifty 500 stocks shine amid market selloff, gain up to 38% in a month

Live Mint  

While selling pressure was seen across the market in recent weeks, a few stocks have weathered the recent correction and managed to surge, adding some gains to investors' portfolios. The company, which reported strong Q2 results in late October, saw a sharp uptick in its share price, further boosted by target price hikes from domestic brokerage firms. Another stock that …

Paytm Share Price Today on 11-11-2024: Paytm share price are down by -3.3%, Nifty down by -0.03%
4 months, 2 weeks ago

Paytm Share Price Today on 11-11-2024: Paytm share price are down by -3.3%, Nifty down by -0.03%

Live Mint  

Paytm Share Price Today on 11-11-2024: At 11 Nov 16:01 today, Paytm shares are trading at price ₹820.15, -3.3% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

Paytm Stock Price Today: Up 2.85%, Nifty Down 0.35%
Trending News
4 months, 3 weeks ago

Paytm Stock Price Today: Up 2.85%, Nifty Down 0.35%

Live Mint  

Paytm share price is up by 2.85% today, trading at ₹773.7. The stock has hit a high of ₹776.2 and a low of ₹745.25 during the day. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Paytm Stock Price Today: Up 1.36%, Nifty Down by -0.09%
4 months, 3 weeks ago

Paytm Stock Price Today: Up 1.36%, Nifty Down by -0.09%

Live Mint  

Paytm share price is up by 1.36% today, trading at ₹754.5. The stock has hit a high of ₹764.15 and a low of ₹738.3 during the day. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Paytm's Surge: Regulatory Approval Fuels Growth Potential
5 months ago

Paytm's Surge: Regulatory Approval Fuels Growth Potential

India Today  

Paytm's share price surged over 11% today after the company received approval from the National Payments Corporation of India (NPCI) to onboard new Unified Payments Interface (UPI) users. This development is seen as a potential turning point for Paytm's user base growth and an easing of regulatory hurdles.

Paytm Stock Price Today: Up 1.68%, Nifty Down 0.41%
5 months ago

Paytm Stock Price Today: Up 1.68%, Nifty Down 0.41%

Live Mint  

Paytm shares are trading up by 1.68% today, while the Nifty is down by -0.41%. The stock has hit a high of ₹742.15 and a low of ₹706.25 during the day, but it is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. …

Paytm Block Deal: Shares Fall 3% After Equity Worth Rs 328 Crore Changes Hands
6 months ago

Paytm Block Deal: Shares Fall 3% After Equity Worth Rs 328 Crore Changes Hands

News 18  

One 97 Communications Ltd reportedly witnessed a significant transaction as 0.8 per cent of its equity stake was sold for approximately Rs 327.8 crore. According to a report by CNBC TV18, around 47.2 lakh Paytm shares exchanged hands at an average price of Rs 701 per share. Following this large trade, Paytm’s stock price surged, reaching Rs 713.2 on the …

Paytm share price rallies over 8%; jumps 120% in four months. More steam left?
6 months, 2 weeks ago

Paytm share price rallies over 8%; jumps 120% in four months. More steam left?

Live Mint  

Paytm share price extended rally for the second day in a row, climbing over 8% on Tuesday amid heavy buying. Paytm share price has gained more than 13% in one week and over 33% in one month. Moreover, Paytm share price is now up nearly 120% from its 52-week low of ₹310 apiece hit on May 9, 2024. So, those …

One 97 Communications share are down by -1.74%, Nifty down by -0.9%
6 months, 2 weeks ago

One 97 Communications share are down by -1.74%, Nifty down by -0.9%

Live Mint  

At 06 Sep 11:00 today, Paytm shares are trading at price ₹616.05, -1.74% down from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA values for the stock are given …

Paytm shares rise over 12% today: What should investors do?
6 months, 3 weeks ago

Paytm shares rise over 12% today: What should investors do?

India Today  

Shares of One 97 Communications Ltd, the parent company of Paytm, surged over 12% during Friday's late trading session, closing at Rs 621.80. This rise comes amid important developments within the company, including the recent sale of its entertainment ticketing business to online food aggregator Zomato for Rs 2,048 crore. Analysts have largely advised investors to consider booking profits at …

Paytm shares jump 5% today. Check price targets
6 months, 3 weeks ago

Paytm shares jump 5% today. Check price targets

India Today  

Shares of One 97 Communications Ltd rose by 5% in Thursday's trading session after receiving approval for downstream investment in its wholly-owned subsidiary, Paytm Payments Services Ltd. Jefferies has kept a "Hold" rating with a target price of Rs 420, noting that if approved by the Reserve Bank of India, Paytm could onboard new online merchants. Ventura Securities has issued …

Paytm Shares Up Over 3% After Clarification On Sebi Show Cause Notice
6 months, 3 weeks ago

Paytm Shares Up Over 3% After Clarification On Sebi Show Cause Notice

News 18  

Paytm shares rose 3 per cent after the fintech company issued a clarification on the media news saying “Vijay Shekhar Sharma, Paytm directors face Sebi show-cause notices over IPO breaches”. “With reference to recent media reports, we would like to inform you that this is not a new development, as the Company had already made relevant disclosures on this matter …

Paytm share price dips after Sebi warning, company says no impact on operations
8 months, 1 week ago

Paytm share price dips after Sebi warning, company says no impact on operations

Hindustan Times  

Paytm share price dipped almost two per cent today after the company received a warning letter from capital markets regulator Securities Exchange Board of India. Paytm shares fell as much as 1.88% to ₹460.80 apiece on BSE after One 97 Communications, the parent company of fintech major Paytm, received an administrative warning letter from Sebi with respect to related party …

Paytm share price rises 10%, up 18% this month: Top reasons why
8 months, 2 weeks ago

Paytm share price rises 10%, up 18% this month: Top reasons why

Hindustan Times  

Paytm share price rose nearly 10 per cent in intraday trade on BSE today. Paytm share price: A QR code for the Paytm digital payment system at a store in Mumbai, India. Last month, Paytm stock rose over 11 per cent and in July it has already gained over 18 per cent. Paytm's share price has fallen 53 per cent …

Goldman Sachs sells 44.20 lakh shares worth ₹183 crore in Paytm: What we know
9 months, 1 week ago

Goldman Sachs sells 44.20 lakh shares worth ₹183 crore in Paytm: What we know

Hindustan Times  

Goldman Sachs Singapore Pte sold 44.20 lakh shares of One 97 Communications via block deal at a price of ₹183.44 crore. The private equity firm sold Paytm shares at ₹415.04 apiece. Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform before the block deal. Paytm shares gained after it was reported that the company is …

Paytm’s market share Continues to fall after RBI crackdown
9 months, 2 weeks ago

Paytm’s market share Continues to fall after RBI crackdown

Hindustan Times  

Paytm’s market share among India’s online payment apps, fell for a fourth straight month as the fintech pioneer struggles to recover from the Reserve Bank of India ordering its affiliate, Paytm Payments Bank to shut down, according to a Bloomberg report. Paytm Payments Bank isn’t actually controlled by Paytm, but is part of founder and CEO Vijay Shekhar Sharma’s fintech …

Paytm hits 5% upper circuit for third consecutive session. Here's why
9 months, 3 weeks ago

Paytm hits 5% upper circuit for third consecutive session. Here's why

Hindustan Times  

Paytm share price: Paytm parent One97 Communications shares hit a 5 per cent upper circuit today. This comes as a block deal involving 75.20 lakh shares, representing a 1.2 per cent stake in the company, took place on the exchanges. The block deal was worth a total of ₹296.30 crore and the average floor price of the transaction was also …

Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day
9 months, 3 weeks ago

Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day

ABP News  

Shares of One97 Communications, Paytm's parent company, surged by 5 per cent on Thursday, reaching their upper circuit limit for the second consecutive session. Nevertheless, the stock surged by 4.99 per cent, hitting its upper circuit limit of Rs 377.40 on the NSE and Rs 377.50 on the BSE. As of the end of March, Paytm founder Vijay Shekhar Sharma …

Paytm shares hit upper circuit for second straight session: What brokerages said
9 months, 3 weeks ago

Paytm shares hit upper circuit for second straight session: What brokerages said

Hindustan Times  

Paytm share price today: Shares of Paytm hit upper circuit of 5% for the second straight session today. The stock gained 4.99% to reach ₹401.55 on BSE after hitting upper circuit of 5% on May 29. The stock rose after it was reported that Adani Group chairman Gautam Adani was considering buying a stake in Paytm's parent company One97 Communications. …

Paytm, Adani Group deny talks over stake sale in fintech firm
9 months, 3 weeks ago

Paytm, Adani Group deny talks over stake sale in fintech firm

New Indian Express  

NEW DELHI: Paytm on Wednesday refuted reports stating that Adani Group chairman Gautam Adani is considering acquiring a stake in parent company One 97 Communications. Separately, an Adani group spokesperson said that they categorically deny this baseless speculation and added that “It is totally false and untrue.” Earlier, a media report stated that Asia’s second richest billionaire Gautam Adani is …

Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall 25% more. Here's why
10 months ago

Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall 25% more. Here's why

Hindustan Times  

Paytm founder Vijay Shekhar Sharma told shareholders in a post-earnings call that the worst is behind the company. We also resolved to be fully compliant according to the regulators expectations in letter and spirit.” Paytm founder and CEO Vijay Shekhar Sharma during an event in Mumbai, What Paytm quarterly results showed? The quarterly results come after the Reserve Bank of …

Paytm layoffs: Company warns of job cuts as revenue falls 2.7%
10 months ago

Paytm layoffs: Company warns of job cuts as revenue falls 2.7%

Hindustan Times  

Paytm announced that there may be job cuts at the company as it plans to trim non-core assets following its first-ever decline in sales on May 22. Paytm reported Q4 results after a regulatory probe into its financial arm Paytm Payments Bank by the Reserve Bank of India In a letter to shareholders, Vijay Shekhar Sharma said, “We expect near-term …

Paytm share price hits upper circuit after touching 52-week low. Buy or wait?
10 months, 2 weeks ago

Paytm share price hits upper circuit after touching 52-week low. Buy or wait?

Live Mint  

Stock market today: Shares of One 97 Communications Ltd, aka Paytm, witnessed a strong rebound after touching a 52-week low in early morning sessions on Thursday. Paytm share price today opened downside and touched a 52-week low of ₹310 apiece, but the One 97 share price witnessed a strong rebound and touched an intraday high of ₹333. They said that …

Paytm share price falls nearly 3% after payments bank chief quits
11 months, 2 weeks ago

Paytm share price falls nearly 3% after payments bank chief quits

Hindustan Times  

Paytm share price: Shares of Paytm fell nearly 3 per cent today after Surinder Chawla stepped down as the Paytm Payments Bank managing director and chief executive. Paytm share price: A QR code for the Paytm digital payment system at a store in Mumbai, India. More on Paytm crisis The Reserve Bank of India imposed business restrictions on PPBL which …

Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside
1 year ago

Despite regulatory challenges, Paytm shares can cross ₹500, believes Motilal Oswal, sees 30% upside

Live Mint  

Despite facing challenges stemming from RBI's actions on the Paytm Payments Bank, domestic brokerage house Motilal Oswal remains optimistic about the fintech's prospects and sees the stock crossing ₹500 per share. Despite the company's extensive reach, Paytm's ability to mitigate the business impact will depend largely on the execution capabilities over the coming quarters, noted MOSL. Estimate EBITDA losses to …

Paytm's former employees are now running 22 startups worth over ₹10,000 crore: Report
1 year ago

Paytm's former employees are now running 22 startups worth over ₹10,000 crore: Report

Hindustan Times  

Paytm employees, who quit the fintech major to launch 22 startups over the years, have hit a collective valuation of ₹10,668 crore, according to a report from Private Circle. The group includes Pocket FM, co-founded by Rohan Nayak, former product manager at Paytm; Park+, founded by Amit Lakhotia, former business head of Paytm wallet and gold loan platform Indiagold, founded …

Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say
1 year ago

Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say

Live Mint  

Paytm share price continued experiencing robust momentum, surging approximately 5 per cent on the BSE, in intraday trade on Wednesday, March 20. Paytm share price opened at ₹415.60 against its previous close of ₹405.85 and rose 4.93 per cent to hit its intraday high of ₹425.85. Around 12:15 pm, the stock traded nearly 3.45 per cent up at ₹419.85, indicating …

Paytm stock gains for 4th consecutive day: Is the worst over?
1 year ago

Paytm stock gains for 4th consecutive day: Is the worst over?

Hindustan Times  

Paytm share price: Shares of One97 Communications, Paytm's parent company, extended gains for the fourth consecutive session as the stock soared over 4% intra-day basis today hitting day high of ₹425.70 on the NSE. Analysts on Paytm stock Global brokerage firm Morgan Stanley reaffirmed its ‘Equal-Weight’ rating on the stock and maintained a price target of ₹555 per share while …

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