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paytm stock price

Paytm share price: Paytm shares drop 9% following report of Sebi’s show-cause notice to Vijay Shekhar Sharma

August 26, 2024 by Edward Johnson
Paytm share price: Paytm shares drop 9% following report of Sebi’s show-cause notice to Vijay Shekhar Sharma

Paytm shares plunged 9% to the day’s low of Rs 505.25 on the BSE following reports that market regulator Sebi has issued show-cause notices to Vijay Shekhar Sharma, the company’s founder. The notices also target former board members from the period of its initial public offering (IPO) in November 2021, related to allegations of misrepresentation … Read more

Categories BUSINESS Tags paytm, paytm news, Paytm Sebi, paytm share price, Paytm shares, paytm stock price, vijay shekhar sharma, Vijay Shekhar Sharma news Leave a comment

Jefferies temporarily suspends rating on Paytm but falls short of stopping coverage

February 19, 2024 by Edward Johnson
Jefferies temporarily suspends rating on Paytm but falls short of stopping coverage

Notwithstanding the spate of positive news flow that has taken Paytm shares 10% higher in two days, global brokerage Jefferies temporarily suspended the coverage on the fintech stock but stopped short of stopping coverage. Stating that the valuation could vary on the basis of merchant/user attrition to the tune of 10-30% and a hit to … Read more

Categories BUSINESS Tags axis bank, jefferies, jefferies on paytm, jefferies paytm rating, paytm, paytm share price, paytm stock price Leave a comment

Paytm record low: Paytm shares hit fresh record low, down 24% this week alone

February 16, 2024 by Edward Johnson
Paytm record low: Paytm shares hit fresh record low, down 24% this week alone

Shares of troubled fintech One 97 Communications, which runs Paytm, fell another 2% on Friday to hit a fresh record low of Rs 318.05 on NSE. So far in the week, the stock has lost about 24% of its market value. Ever since the RBI diktat banning Paytm Payments Bank from February 29 was issued, … Read more

Categories BUSINESS Tags paytm, Paytm record low, paytm share price, Paytm stock news, paytm stock price, Paytm stock price crash, Paytm stock price target Leave a comment

Paytm Q3 results today: Predictions and key things to watch out for

January 19, 2024 by Edward Johnson
Paytm Q3 results today: Predictions and key things to watch out for

Fintech major One97 Communications which runs the payments platform Paytm is expected to report a narrowing of losses and healthy revenue growth when it releases its Q3 results later today. Paytm should see strong GMV growth led by the festive season and partial impact of lending business rejig after RBI measures, Jefferies said. The brokerage … Read more

Categories BUSINESS Tags patytm earnings, paytm, paytm q3 results, paytm share price, paytm stock price, paytm stock target, paytm trading strategy, ril Leave a comment

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