Thu, Nov 28, 2024
As much of the improvement is priced in, UBS has continued with its neutral rating on the stock.
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Thu, Oct 24, 2024
Earlier in February this year, the RBI directed Paytm to suspend new users registrations given the violation of regulatory norms.
Fri, Sep 13, 2024
Paytm reported widening of loss to Rs 840 crore in the quarter ended June 30, 2024. The company had posted a loss of Rs 358.4 crore in the same period a year ago.
Mon, Feb 19, 2024
Paytm shares continued to rise for a second straight session on Monday. Catch the latest updates about the digital payments company.
Thu, Feb 15, 2024
Paytm share price: The company and its associates have continued to provide such information, documents, and explanations to the authorities as is required by them,” said the company’s filing with the BSE.
Wed, Feb 14, 2024
Paytm shares experience significant decline, dropping 9% on Feb 14, trading below Rs 350 as regulatory issues persist at parent company One97 Communications. The stock, currently at Rs 346.75, marks a 52-week low, down 65.5% from its peak in Oct 2023.
Thu, Feb 08, 2024
The stock that closed at Rs 496.75 on Wednesday opened at Rs 524.00 in the morning session on Thursday. The stock touched the day's high of Rs 526.40 and the low of Rs 450.00.
Wed, Feb 07, 2024
Paytm's stock surged over 9% on January 7, rebounding from a significant decline post RBI's restrictions on its payments bank unit. The company, led by Vijay Shekhar Sharma, faced a crisis as brokerages slashed ratings and target prices. Amid concerns of a possible probe by the Enforcement Directorate (ED), Paytm denied any wrongdoing.
Paytm MD Vijay Shekhar Sharma reportedly met Finance Minister Nirmala Sitharaman on Tuesday, days after the banking regulator ordered its payment bank to halt business.
Tue, Feb 06, 2024
On Monday, One 97 Communications Ltd reportedly denied reports that it was acquiring Paytm wallet business days after the Reserve Bank of India (RBI) asked the company's to comply with KYC norms.
Fri, Feb 02, 2024
Paytm's shares were locked in a 20 percent lower circuit for the second consecutive day on February 2 due to RBI restrictions on its lending business, prohibiting new deposits and credit transactions after February 29. Brokerages downgraded Paytm and lowered target prices, citing concerns about the impact on its lending business.
Paytm share price: The massive erosion in Paytm’s stock price is the result of the RBI’s stringent action whereby it has prohibited Paytm Payments Bank Limited (PPBL) from accepting deposits or top-ups in any customer account, prepaid instrument, wallet, or FASTags after February 29, 2024.
Thu, Feb 01, 2024
Paytm share price BSE, RBI ban on Paytm Payments Bank: The Reserve Bank's action against Paytm Payments Bank follows a comprehensive system audit report and a subsequent compliance validation report from external auditors.
Mon, Dec 18, 2023
What does Macquarie have to say on paytm? Macquarie's opinion after RBI's strictness What happened to Paytm management? Macquarie on Paytm - Buying advice, target ₹900
Macquarie has given a 'buy' rating to Paytm with a target price of Rs 900. The rating is based on Macquarie's discussions with Paytm management.
Fri, Dec 08, 2023
Paytm stock rose sharply today despite recent downgrades from analysts. Investors are betting on the company's strong fundamentals and future growth potential. In this video, we'll discuss the reasons behind the stock's rebound and what to expect in the coming months.
Thu, Dec 07, 2023
Paytm's stock took a major hit after the company announced plans to slow down its expansion into the lucrative "Buy Now Pay Later" (BNPL) market. This decision has been met with skepticism from investors and analysts, leading to a significant drop in the company's share price.
Wed, Nov 29, 2023
Paytm founder Vijay Shekhar Sharma has unveiled the company's ambitious plans for international expansion and AI integration. In an exclusive interview with ANI, Sharma emphasised Paytm's commitment to India while also revealing plans to take the company's innovative financial services platform to the global market. Sharma also highlighted the importance of artificial intelligence (AI) in driving Paytm's future growth, stating that the company aims to become an AI technology leader within the financial services sector.
Tue, Nov 28, 2023
Billionaire Warren Buffet-backed Berkshire Hathaway Inc on Friday divested its entire 2.46 per cent stake in Paytm's parent company One97 Communications for Rs 1,371 crore through an open market transaction.
Fri, Nov 24, 2023
Shares of One 97 Communications, the parent company of Paytm, tumbled nearly 5% on Friday, November 24, reaching a five-month low of Rs 880 per share on the BSE. The decline came after a block deal involving 1.57 crore shares, equivalent to 2.5% of the company's equity. The identity of the buyers and sellers in the block deal remains undisclosed.
Fri, Oct 20, 2023
Shares of the company in the last one year have surged over 50 per cent, with its 52-week low and high prices at Rs 438.4 and Rs 998.3 per share, respectively.
Mon, May 08, 2023
Paytm share price: The consolidated revenue from operations of the company grew 51.5 per cent year-on-year (YoY) to Rs 2,334.5 crore in the quarter under review.
Fri, Apr 21, 2023
Paytm, which operates under the parent company One-97 Communication, had achieved its target for operational profit excluding ESOP cost, the company’s founder and CEO Vijay Shekhar Sharma said in his December quarter results commentary.
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