Tue, Jun 18, 2024
Zomato eyes Paytm's business... Ready to buy movies, ticketing business, what will be the impact on Paytm's growth? How beneficial is the deal for Zomato? Know complete details from Varun Dubey
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Zomato Paytm ticketing business news: Shares of Zomato and Paytm hogged the limelight on Tuesday, June 18, a day after food delivery services firm Zomato on Sunday said that it is in talks to acquire Paytm’s movies, and ticketing business.
Mon, Jun 17, 2024
Zomato on the news article clarified that the discussion is underway to bolster our ongoing business and is in line with our stated position of focusing only on our four key businesses currently.
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.
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.
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