Wed, Jan 24, 2024
The firm offloaded shares worth Rs 2,840 crore across three tranches -- May, July and December 2023 -- and the fourth tranche concluded earlier this week.
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Sat, Jan 20, 2024
The target has also been raised to Rs 960 from the earlier Rs 925. The brokerage is bullish on the counter as it is of the view that Paytm is attempting to diversify.
Fri, Jan 19, 2024
Q3 FY24 Results LIVE Updates: Around 45 companies, including RBL Bank and Paytm, are scheduled to report their Q3 FY24 earnings on January 19. Catch all the highlights here as the earnings season gathers steam on Dalal Street.
Fri, Dec 02, 2022
Paytm Share Price: Paytm founder and CEO Vijay Shekhar Sharma said that the company expects its blended net payment margin to stabilise at 5 to 7 basis points due to increase in share of UPI in the payment business.
The comapany's net payments margin grew manifold to Rs 443 crore in September 2022 from Rs 84 crore a year ago.
Tue, Nov 29, 2022
Shares of Paytm traded in green on Nov 29. The stocks jumped 5% intraday on the back of brokerages' positive outlook. They believe that Paytm's loan and credit card distribution will drive revenue growth
Paytm Share Price NSE: The buying in the stock of the fintech platform was boosted on the back of brokerages' positive outlook.
Mon, Nov 28, 2022
Shares of Paytm made a stunning recovery after initial slump as strong buying in the fintech company lifted it from day's low. The stock opened 3% lower at Rs 444 apiece on NSE mainly on account of news of RBI putting a pause on on-boarding of online merchants by Paytm Payments Services Ltd (PPSL).
Paytm shares today fell 3 per cent intraday in early trade on news of banking regulator putting a pause on on-boarding of online merchants by Paytm Payments Services Limited (PPSL – a 100 per cent subsidiary of parent company One 97 Communications Limited
Why didn't Paytm get the payment aggregator license? What to do in Patym after RBI order? What is the whole news, know from Varun Dubey.
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
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