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, Nov 18, 2022
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.
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.
Except Paytm and Nykaa - Zomato, PB Fintech, and Delhivery have narrowed their losses on both YoY and quarter-on-quarter basis.
Stock Market UPDATES: In the 50-stock Nifty50, 36 stocks advanced while 14 declined. The top gainers were Power Grid, ONGC, ICICI Bank, Bharti Airtel and Hero MotoCorp. The top losers were HDFC Life, Grasim Industries, Cipla, ITC and UPL
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.
Thu, Nov 10, 2022
Paytm's net payments margin stood at Rs 443 Cr, an increase of 15% QoQ and 428% YoY, driven by greater monetization and ongoing improvements in payment processing charges.
Wed, Nov 09, 2022
Paytm: Will the stock recover or fall? What are the bullish and bearish arguments of Paytm? How will Paytm move ahead? Know from Varun and Nupur.
Paytm share price NSE, Paytm share price target 2022: Paytm's consolidated revenue from operations increased by about 76 per cent to Rs 1,914 crore during the reported quarter from Rs 1,086.4 crore in the September 2021 quarter.
The company has reported a widening of consolidated loss to Rs 593.9 crore in the second quarter ended September 30, 2022
Tue, Nov 08, 2022
The company had posted a loss of Rs 481 crore in the same period a year ago, Paytm said in its regulatory filing.
Mon, Nov 07, 2022
The company said its net payment margin (calculated as payments revenues plus other operating revenues, less payment processing cost) stood at Rs 443 crore, up 428% YoY.
Wed, Oct 19, 2022
The SAAS model, backed by Paytm’s growing merchant network and device deployments, has led to strong overall business growth, driven by higher payment volumes and subscription revenues, besides increasing the funnel for our merchant loan distribution
Thu, Oct 13, 2022
UPI is now the preferred mode of payments at the stores for small transactions and with govt push for digital payments, there will be a severe dent in the usage of debit and credit cards for transaction.
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