Wed, Apr 24, 2024
A Paytm spokesperson said, "We are collaborating with our banking partners to facilitate the migration of both merchants and consumers, which is progressing steadily. Our core business model focuses on acquiring consumers and merchants and offering them a range of financial services."
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Mon, Apr 22, 2024
Paytm founder and CEO Vijay Shekhar Sharma said that the advanced soundboxes offer better sound quality and battery life, making them better suited to Indian conditions.
Wed, Apr 10, 2024
Paytm's market share continues to decline, how much did its share decrease in March? Why is the market share continuously falling? See complete details in this video
Wed, Nov 23, 2022
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
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.
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