Mon, Mar 18, 2024
YES Securities said that Paytm's dependence on the Wallet business for revenue had already declined materially to only about one-sixth of payments revenue. The brokerage also upgraded after the NPCI approved OCL's application to participate in UPI as a third-party application provider among other factors.
More >
Wed, Feb 14, 2024
Paytm shares experience significant decline, dropping 9% on Feb 14, trading below Rs 350 as regulatory issues persist at parent company One97 Communications. The stock, currently at Rs 346.75, marks a 52-week low, down 65.5% from its peak in Oct 2023.
Wed, Feb 07, 2024
Paytm's stock surged over 9% on January 7, rebounding from a significant decline post RBI's restrictions on its payments bank unit. The company, led by Vijay Shekhar Sharma, faced a crisis as brokerages slashed ratings and target prices. Amid concerns of a possible probe by the Enforcement Directorate (ED), Paytm denied any wrongdoing.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.