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Paytm Share Price: Shares of One 97 Communications, the parent company of Paytm, fell over 2 per cent to an intraday low of Rs 1,305 on Tuesday, November 18, after a large block deal hit the counter.
According to Trendlyne, A total of 1.32 crore shares, or 2.07 per cent of the company’s equity, changed hands at Rs 1,307 per share. The transaction was valued at about Rs 1,722 crore. The deal was expected to be worth around Rs 1,639.7 crore based on the floor price and the indicative share quantity.
Saif III Mauritius, SAIF Partners and Elevation Capital were likely sellers in Tuesday’s trade. As of Q2 FY26, Saif III Mauritius held 10.76 per cent in Paytm, while Saif Partners India IV Ltd. owned 4.57 per cent.
Following the block deal, Paytm shares were trading at Rs 1,314.30 on the NSE, down 1.4 per cent. The company’s market capitalisation stood at Rs 83,921.24 crore.
The counter had recently touched a multi-year high of Rs 1,353.80 on November 10 on the NSE. In the past six months, the stock has surged 50 per cent, outperforming the BSE Sensex, which added 3 per cent in the same period. Paytm has also more than doubled from its 52-week low of Rs 652.30 recorded on March 11.
Paytm reported improved profitability in the September quarter with operating revenue rising 24 per cent year-on-year to Rs 2,061 crore. Growth came from its payments and financial services businesses.
The company posted a profit after tax (PAT) of Rs 211 crore before accounting for a one-time impairment loss of Rs 190 crore linked to its JV, First Games Technology Pvt Ltd. Reported PAT stood at Rs 21 crore, marking steady progress toward sustainable profitability.
EBITDA improved to Rs 142 crore, reflecting a 7 per cent margin. Contribution profit grew 35 per cent YoY to Rs 1,207 crore, with a 59 per cent margin driven by stronger payment margins and higher contributions from financial services.
Domestic brokerage Systematix Research has issued a BUY call on One 97 Communications with an entry range of Rs 1,334–Rs 1,330, a stop loss at Rs 1,280, and target prices of Rs 1,388 and Rs 1,442.
The brokerage noted that the stock has formed a strong bullish candlestick on the daily chart, similar to a closing-body marubozu, signalling firm buyer control. A decisive breakout above Rs 1,325, supported by strong volumes, indicates continuation of the uptrend.
It added that the unfilled gap between Rs 1,284.90 and Rs 1,292.70 remains a strong demand zone, while consistent support at the 20-day simple moving average near Rs 1,306 shows sustained buying interest. As long as the stock holds above Rs 1,280, upward momentum is expected to continue toward Rs 1,388 and later Rs 1,442.