Thu, May 16, 2024
The inclusion is part of MSCI's routine review aligning with evolving market conditions, set for May 31, 2024. MSCI (Morgan Stanley Capital International) is a global leader in equity, fixed-income, and hedge fund indices.
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Mon, May 13, 2024
The company partnered with leading Payment System Providers (PSPs), such as Axis Bank, HDFC Bank, State Bank of India (SBI), and YES Bank that will ensure a robust and reliable framework for your UPI transactions, facilitating seamless and uninterrupted payment experiences.
Thu, May 09, 2024
In the stock filing, Paytm asserted that it acts as a distributor of loans, and does not provide a First Loss Default Guarantee (FLDG) or other loan guarantees to lending partners.
Mon, Nov 28, 2022
Stock Market HIGHLIGHTS: Out of the 15 Nifty sectoral indices, six ended in the red against 9 gainers. The top performer was Nifty Oil & Gas (+1.60 per cent) followed by Nifty Auto (+0.61 per cent) and Nifty FMCG (+0.34 per cent). The biggest laggards were Nifty Metal, followed by marginal losses in Nifty Consumer Durables, financial services and IT
Sun, Nov 27, 2022
Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services, even as the company said it will have no material impact on its business, according to a regulatory filing.
Fri, Nov 25, 2022
Paytm share price surged over 6% intraday on Nov 25 as global brokerage Citi sharply raised the target on the fintech stock.
Wed, Nov 23, 2022
From Paytm, and Nykaa to Zomato, Zee Business highlights how the new-age Indian internet companies have shed more than $18 billion in value in the past 16 months
Paytms stock's RSI has fallen below 20 to 16.8 according to data sourced from Trendlyne. The level below 20 is considered as strongly oversold
Market experts have said that the valuations of these new-age internet companies were not supported by strong fundamentals while their cash burn was extremely high.
Tue, Nov 22, 2022
UPI Transaction Limit: This means that users may not be able to make unlimited payments via Unified Payments Interface (UPI) payment apps.
Shares of Paytm tanked on November 22 to hit a fresh 52-week low. The stock opened at Rs 535 apiece and selling pressure dragged the stock to hit the day's low of Rs 483.20 apiece.
Paytm Share Price NSE, BSE, Paytm Share Price Target: Paytm share price on Tuesday, November 22, tanked more than 9 per cent to hit a fresh 52-week low of Rs 483.20. Technical analyst Nilesh Jain has given a Sell call on the stock.
Soon after Paytm released its Q2FY23 financial results, analysts at top brokerage firms lauded its strong performance and said the company “remains ahead” of its September 2023 profitability guidance.
Fri, Nov 18, 2022
Shares of One97 Communications, Paytm's parent firm, on Nov 18, traded in positive bias a day after crashing 10% to the lowest since May.
Brokerage firm JP Morgan has maintained a rating of ‘Overweight’ on Paytm stock and sees an upside of 100%. The brokerage firm has set a target of Rs 1100, estimating gains of Rs 560 per share. JP Morgan said that high quality investments will continue as the company is eyeing higher free cash flow generation
In today's edition of Traders Diary, Zee Business research team brings its exclusive research on 20 stocks that investors and traders can refer to while making their strategies in them
Stock Markets Today HIGHLIGHTS: Profit booking was seen even in the broader markets with Nifty Mid Cap 100 and Nifty Small Cap 100 indices closing with declines of 0.50%
Thu, Nov 17, 2022
According to bulk deal data available with the National Stock Exchange (NSE), SVF India Holdings (Cayman) Ltd sold a total of 2,93,50,000 shares, amounting to a 4.5 per cent stake in the company.
Shares of Paytm crashed nearly 10% in early morning deals on Nov 17, as Japan-based Softbank sold over 4% stake in Noida-based digital payments and financial services company via a block deal.
Paytm had made its stock market debut on November 18 last year. The stock is trading 70 per cent below its IPO issue price of Rs 2150. The 52-week range of the scrip is Rs 1,955 and Rs 510.05.
Stock Markets Today HIGHLIGHTS: There is stock specific action in Paytm on news of a block deal. The shares tanked nearly 10% intraday on opening. The stock was trading at Rs 549.05, and was down by Rs 52.40 or 8.71%. Tata Motors shares were also the biggest losers on Nifty50 on news of resignation of the CEO of Jaguar Land Rover
Wed, Nov 16, 2022
Softbank is the second largest shareholder with a 17.5 per cent stake in the company. With this transaction, the overall holding of Softbank in Paytm is likely to come down to 13 per cent.
Paytm's pre-IPO investors like Warren Buffet, SoftBank, Elevation Capital, Alibaba are long-term investors.
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