Mutual funds boost holding in Paytm to all-time high in December quarter
5 hours, 33 minutes ago

Mutual funds boost holding in Paytm to all-time high in December quarter

Live Mint  

Mutual funds significantly increased their stake in One 97 Communications, the parent company of Paytm, during the third quarter of the current fiscal year to an all-time high level. As of the end of December 2024, 27 mutual funds collectively held an 11.20% stake in Paytm, equivalent to 7.14 crore shares. Some of the key mutual funds that raised their stakes in the new-age stock include Mirae Asset Mutual Fund, which now holds a 4.17% stake in the company, Nippon Mutual Fund, which holds a 2.32% stake and Motilal Oswal Mutual Fund, which has a 2.11% ownership. Selling pressure emerges amid UPI struggles However, the stock has recently experienced selling pressure following the latest December NPCI data, which showed that Paytm struggled with its UPI transactions during December 2024.

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History of this topic

Paytm sees strong institutional growth: Mutual fund stake surges by 3.3%, total holdings up 4%
5 days, 10 hours ago

Paytm sees strong institutional growth: Mutual fund stake surges by 3.3%, total holdings up 4%

India Today  

Paytm’s Q3 FY2025 shareholding report highlights a significant 4% rise in institutional ownership, now totaling 68%. Among the notable changes, Motilal Oswal Mutual Fund increased its holding to 2.1%, showcasing strong faith in Paytm’s growth prospects. Nippon Mutual Fund maintained its consistent position with a 2% stake, while Mirae Asset, despite a slight reduction, retained a substantial 4.2%, reflecting continued …

Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore
5 days, 23 hours ago

Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore

Live Mint  

Mutual Fund folios hit at all-time high of 22,50,03,545 in December 2024, revealed the latest data released on Thursday by the Association of Mutual Funds in India. Retail mutual fund folios were at an all-time high of 17,89,93,911 for the month of December 2024, compared to 17,54,84,468 for the month of November 2024. The SIP contribution reached an all-time high …

Paytm shares drop 4% after NPCI extends deadline for UPI market share cap until 2026
Top News
2 weeks ago

Paytm shares drop 4% after NPCI extends deadline for UPI market share cap until 2026

Live Mint  

Paytm shares fell by nearly 4 per cent to ₹976.5 on the BSE on Wednesday's trading session after the National Payments Corporation of India extended the deadline for UPI providers to comply with its 30 per cent market share cap by an additional two years, now set for December 31, 2026. This delay will provide short-term relief to Walmart-owned PhonePe …

Paytm shares hit 52-week high; up more than 3%
1 month 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 shares rise above Rs 1,000 today. 3 things you need to know
Trending News
1 month 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?
1 month, 1 week 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 Today on 22-11-2024: Paytm share price are up by 5.78%, Nifty up by 1.28%
1 month, 3 weeks 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 shares jump 3% today after brokerage Bernstein's update. Should you buy?
1 month, 3 weeks 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 Stock Price Today: Up 1.68%, Nifty Down 0.41%
2 months, 3 weeks 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. …

Goldman Sachs sells 44.20 lakh shares worth ₹183 crore in Paytm: What we know
6 months, 3 weeks 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
7 months 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's UPI market share drops to 9%, reaches lowest in four years. Is PhonePe gaining?
9 months ago

Paytm's UPI market share drops to 9%, reaches lowest in four years. Is PhonePe gaining?

Hindustan Times  

One97 Communications Ltd, parent company of Paytm, witnessed a drop of nine percent in its Unified Payments Interface market share in March. Paytm's market share in February dropped to 11 per cent from January after the Reserve Bank of India barred Paytm Payments Bank Limited 's business operations. Since April 2020 when NPCI started sharing UPI apps transaction volume, this …

Paytm shares surge by 10% day after CEO Vijay Shekhar Sharma's meeting with FM Nirmala Sitharaman, RBI
11 months, 1 week ago

Paytm shares surge by 10% day after CEO Vijay Shekhar Sharma's meeting with FM Nirmala Sitharaman, RBI

Hindustan Times  

Paytm share price rose by 10 per cent, providing relief to the investors day after the fintech firm's founder Vijay Shekhar Sharma met the Reserve Bank of India and finance minister Nirmala Sitharaman. Shares of Paytm climbed 7.99 per cent to ₹473.55 during the day on the NSE and ended at ₹452.80 each, up 3.26 per cent. The central bank's …

Paytm Q3 results: Revenue jumps 38% to ₹2,851 crore
11 months, 3 weeks ago

Paytm Q3 results: Revenue jumps 38% to ₹2,851 crore

Hindustan Times  

Paytm Q3 results: Paytm posted a 38 per cent rise in revenue to ₹2,851 crore in the quarter ending in December, it said in a regulatory filing on Friday. Paytm In the October-December quarter, the fintech giant Paytm reported a robust 38 per cent YoY growth in revenue, reaching ₹2,850 crore, with EBITDA before ESOP showing an improvement of ₹188 …

Paytm share price: Goldman Sachs gives ’buy’ tag, predicts 30% upside in long term
1 year, 2 months ago

Paytm share price: Goldman Sachs gives ’buy’ tag, predicts 30% upside in long term

Live Mint  

Paytm share price has witnessed strong buying interest after making life-time low of ₹438.35 apiece on NSE. On suggestion to stock market investors in regard to Paytm shares, Goldman Sachs report said, "Investor pushbacks have been around negative impact on Paytm from a potentially adverse credit cycle, and while we expect Paytm to prioritize credit quality over growth, we expect …

Paytm share price rises 3% to hit a 52-week high; Bernstein initiates coverage
1 year, 4 months ago

Paytm share price rises 3% to hit a 52-week high; Bernstein initiates coverage

Live Mint  

Paytm share price rose almost 3 per cent to hit its fresh 52-week high of ₹931 in morning trade on BSE on Thursday. The brokerage firm expects Paytm's loan disbursal volumes to grow sharply and achieve a market share of nearly 4 per cent by FY26E in the high-yield household lending segment, with more than 13 per cent interest rate. …

Paytm shares rise over 3% on strong July business update
1 year, 5 months ago

Paytm shares rise over 3% on strong July business update

Live Mint  

Paytm share price rallied over 3% on Friday after the fintech giant reported strong operating performance for the month of July. One 97 Communications, the parent company of Paytm, in its monthly business update on Thursday, said its average monthly users rose by 19% on-year to 9.3 crore. The loan distribution business of the fintech firm continues to gain scale …

Paytm share price surges 8%; brokerages remain upbeat about the stock
1 year, 7 months ago

Paytm share price surges 8%; brokerages remain upbeat about the stock

Live Mint  

Shares of One 97 Communications surged over 8 per cent in intraday trade on BSE on Thursday, looking set to extend their gains into the second consecutive session. Paytm, in a BSE filing on Monday, said it continued witnessing the expansion of the consumer base with average monthly transacting users at 9.2 crore for the quarter to date, up 24 …

Paytm Stock Falls 8% Amid Large Block Deals; Key Details Investors Should Know
1 year, 11 months ago

Paytm Stock Falls 8% Amid Large Block Deals; Key Details Investors Should Know

News 18  

Shares of Paytm parent One 97 Communications slumped more than 8% to Rs 653.5 in Friday’s trade on BSE amid reports of a large block deal, reported CNBC-TV18. Earlier this week, the fintech firm posted its first-ever quarterly operating profit three quarters ahead of its guidance and the company’s losses also narrowed during the third quarter of the current fiscal. …

Paytm shares tank on buzz of block deal
1 year, 11 months ago

Paytm shares tank on buzz of block deal

Live Mint  

Shares of One 97 Communications Ltd tanked more than 8% to ₹649 apiece on the BSE in Friday's deals on buzz of large block deals. 2.1 crore shares of Paytm have changed hands through block deal on Friday and a report by ANI suggested that Chinese multinational Alibaba has sold its entire stake in Paytm in today's block deal. Paytm …

Paytm Share Surges Post Q4 Results; Should Investors Book Profit, Buy, or Hold?
2 years, 7 months ago

Paytm Share Surges Post Q4 Results; Should Investors Book Profit, Buy, or Hold?

News 18  

Shares of One 97 Communications, parent of Paytm, rose as much as 10 per cent on Monday after falling 4 per cent intraday. “We wish to inform you that based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders, the Board of Directors of the Company, at their meeting held on May 20, …

Paytm Stock Hits All-Time Low, Down 2.31 Per Cent
3 years ago

Paytm Stock Hits All-Time Low, Down 2.31 Per Cent

ABP News  

New Delhi: The Paytm stock hit an all-time low, trading down a further 2.16 per cent on Tuesday intraday trade at Rs 1,132 after an almost 6 per cent slide the previous day. Manoj Dalmia, founder and director at Proficient Equities said Paytm share plunged by 6 per cent and is further down 1.48 per cent making its all-time low. …

Paytm targeting biggest-ever IPO in India
3 years, 7 months ago

Paytm targeting biggest-ever IPO in India

Live Mint  

Paytm, India’s leading digital payments provider, is aiming to raise about ₹21800 crore in an initial public offering late this year, according to a person familiar with the deal, in what could be the country’s largest debut ever. The startup, backed by investors including Berkshire Hathaway Inc., SoftBank Group Corp. and Ant Group Co., plans to list in India around …

PhonePe Continues to Lead UPI-Based Payments Market With Over 970mn Transactions in February 2021
3 years, 10 months ago

PhonePe Continues to Lead UPI-Based Payments Market With Over 970mn Transactions in February 2021

News 18  

PhonePe continued to lead the UPI-based digital payments market in India in February 2021, with over 970 million transactions, the company announced earlier today. The National Payments Corporation of India website shows that roughly 2,292 million UPI transactions worth Rs 4,25,062 crores took place in India last month, though the full report is yet to be shared. PhonePe’s domestic rival …

PhonePe Finally Overtook Google Pay In UPI Payment Stakes And That Is Crucial As UPI Cap Is Live
3 years, 11 months ago

PhonePe Finally Overtook Google Pay In UPI Payment Stakes And That Is Crucial As UPI Cap Is Live

News 18  

It has been a fairly long battle between digital payment apps Google Pay and PhonePe saw a new winner in December, with PhonePe taking the lead in the monthly UPI transactions. According to the latest numbers by the National Payments Corporation of India, PhonePe clocked 902.03 million user-initiated transactions in December which amounted to a value to Rs 182,126.88 crore. …

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI
4 years ago

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI

Firstpost  

Unified Payments Interface or UPI has crossed Rs 4 trillion worth transactions in a month. The digital payments system has recorded 2.23 billion transactions amounting to Rs 4,16,176.21 crore or Rs 4.16 trillion in December 2020, according to NPCI. This is a one percent jump in volume and a 6.4 percent surge in value for UPI from November which had …

Google Pay, PhonePe account for 86% of UPI transactions by value in Oct: NPCI
4 years, 1 month ago

Google Pay, PhonePe account for 86% of UPI transactions by value in Oct: NPCI

Live Mint  

NEW DELHI: Payments operators, Google Pay and PhonePe, seem to have a stranglehold on the unified payments interface market in India. According to October data from the National Payments Corporation of India, published for the first time, Google Pay accounted for 857.81 million transactions, while PhonePe came in second with 839.88 million transactions. The data said ₹1,65,654.71 crore worth of …

Paytm Money Come up With Loans Against Stocks, Mutual Funds
4 years, 1 month ago

Paytm Money Come up With Loans Against Stocks, Mutual Funds

News 18  

Paytm Money is considering introducing loans against stocks and mutual funds. Varun Sridhar, CEO – Paytm Money, said in an interview, “The platform has seen investors shift some of their mutual fund allocations to stock trading. It has He added, “As a leading direct mutual fund distributor and wealth platform, managing customers’ short-term liquidity needs or unforeseen expenses is our …

Paytm in talks to raise another USD 1 billion funding: Sources
5 years, 1 month ago

Paytm in talks to raise another USD 1 billion funding: Sources

India TV News  

Digital payments major Paytm is looking at raising another round of funding of USD 1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron, according to sources. Paytm had earlier this week announced a USD 1 billion fund raise led by US-based asset management firm T Rowe Price. On Monday, Paytm had said it …

Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion
5 years, 1 month ago

Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion

Firstpost  

When its rivals like Google Pay and PhonePe are spending massively on cashbacks, Paytm said it would use Rs 10,000 crore to add as many small merchants and businesses as possible into its fold. In a fresh round of funding, One97 Communications-led Paytm reportedly raised $1 billion at a valuation of $16 billion from new and existing investors, including Japan’s …

What India’s top three mutual funds bought and sold last month
5 years, 4 months ago

What India’s top three mutual funds bought and sold last month

Live Mint  

Inflows into Indian equity mutual funds rose for the fourth straight month in August even as the nation’s stocks suffered their worst three-month period since 2016. Here’s what the top three asset managers bought and sold last month: HDFC Mutual Fund India’s top money manager held about $20 billion in equities, with financials accounting for 32% of stock assets followed …

Paytm valuation surges 25% to $15 billion in latest investment round; company aims to expand array of service offerings
5 years, 4 months ago

Paytm valuation surges 25% to $15 billion in latest investment round; company aims to expand array of service offerings

Firstpost  

On 16 August, Paytm had said it would invest Rs 750 crore to approximately double its monthly active user base on mobile to 250 million by March 2020. E-commerce payment system and digital wallet company Paytm’s valuation has more than doubled to $15 billion in the latest investment round from about $6 billion in March 2017, said a media report. …

Paytm Money app for mutual funds launched. A look at what’s on offer
6 years, 4 months ago

Paytm Money app for mutual funds launched. A look at what’s on offer

Live Mint  

Bengaluru: Paytm Money Ltd expects the number of mutual fund investors in India to more than double from the current 20 million to 50 million by 2023 and hopes that around half of them will be using its mutual funds app by then. Initially, the app will offer all schemes and direct plans from 25 mutual fund houses, including all …

Berkshire Hathaway may invest over Rs 20 billion in Paytm's parent firm: Report
6 years, 4 months ago

Berkshire Hathaway may invest over Rs 20 billion in Paytm's parent firm: Report

Firstpost  

Berkshire’s investment could be clinched in the coming weeks, valuing Paytm at over $10 billion. Berkshire Hathaway Inc is in talks to invest about 20 to 25 billion rupees in India’s One97 Communications Ltd, the parent of digital payments firm Paytm, the Economic Times reported on 27 August. Berkshire, the conglomerate run by billionaire Warren Buffett, is said to pick …

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