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.
Tue, Mar 14, 2023
Citi maintained a ‘buy’ target on the stock with a target price of Rs 1,061 per share, implying Rs 500 or 82 per cent upside from Monday’s closing. Paytm’s market share has been stable in February 2023, and it has several existing and emerging levers, Citi said in its commentary.
Mon, Feb 27, 2023
Paytm share price today: Paytm shares rose and Bharti Airtel shares fell on Monday. According to a Bloomberg report, Bharti Airtel's billionaire Chairman, Sunil Bharti Mittal, is seeking a stake in Paytm as he aims to fold his payments bank, Airtel Payments Bank, into Paytm Payments Bank.
Mon, Feb 06, 2023
The Paytm stock jumped by as much as Rs 41.1 or 7.8 per cent to Rs 566 apiece on BSE.
Sat, Jan 14, 2023
China’s e-commerce major Alibaba has reportedly reduced its stake in Indian fintech and payments firm Paytm though a series of block deals recently which analysts say will be a positive the firm.
Thu, Jan 12, 2023
Investors wanting to buy Paytm shares can do it with a trading perspective, technical analyst Nilesh Jain said. The chart structure is positive, he said, adding that the counter can move upside of 14% from the current market price of Rs 571.
Tue, Dec 13, 2022
The decision for share buyback was taken at the company's board meeting held on Tuesday.
Tue, Nov 22, 2022
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.
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.
Tue, Nov 15, 2022
Paytm share price: About 86 percent of Paytm's shareholding, or about 55.6 crore shares, were to be released from the anchor lock-in IPO period.
Paytm while releasing its Q2 results said that merchant subscriptions is an attractive profit pool, driving higher payment volumes, subscription revenues as well as merchant loan distribution.
Mon, Nov 14, 2022
Sharma in his letter, which also shared Paytm’s performance matrix for the month of October, said that the company is scaling up its lending business which has huge demand in the country.
Wed, Oct 05, 2022
While Goldman Sachs in its report said that Paytm is well-positioned given its industry-leading scale and engagement. In the last few quarters, Paytm has been able to rapidly increase cross-sell on its platform, resulting in improving profitability.
Mon, Oct 03, 2022
Paytm share price jumped over four per cent in a weak market on the BSE on Monday.
Mon, Sep 05, 2022
Shares of Paytm dropped over six per cent in the early trade on Monday amid ED raids on e-wallet firms in connection with Chinese loan apps.
Mon, Aug 22, 2022
Paytm`s parent One97 Communications Ltd, backed by China`s Alibaba Group Holding and its affiliate Ant Group, posted a loss of 6.44 billion rupees ($80.83 million) for the June quarter earlier this month.
Fri, Aug 12, 2022
Institutional Investor Advisory Services has said it opposes the reappointment of Vijay Shekhar Sharma as CEO and managing director at the annual general meeting next week.
Mon, Aug 08, 2022
Shares of One97 Communications that operates the brand Paytm jumped around six per cent in Monday's intraday trade after the digital financial services provider reported 89% year-on-year (YoY) revenue growth to Rs 1,680 crore in the quarter ended June 2022.
Sat, Aug 06, 2022
Paytm consolidated loss widened to Rs 644.4 crore in the quarter ended June 2022 against a net loss of Rs 380.2 crore a year ago
Thu, Aug 04, 2022
Several brokerages believe the company will report improved numbers in the June quarter of the financial year 2022-23.
Wed, Aug 03, 2022
Global brokerage Goldman Sachs believes Paytm’s operating performance has consistently remained strong and forecasting a third consecutive quarter of around 90 per cent YoY revenue growth in Q1.
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