Paytm

Sebi has questioned key managerial personnel of Paytm parent One 97 Communications over the timing of a December 2023 disclosure and its classification as unpublished price sensitive information

The company, in a statement on December 6, 2023, said it would issue fewer sub-₹50,000 (about $525) personal loans, after the ‌Reserve Bank of India tightened rules on consumer lending

Comes at a time when maintaining merchant relationships becomes a paramount priority

Paytm stock surged 71% thus far in FY27, and a whopping 429% from its all-time low of ₹310 in May 2024. Tech analyst at YES Securities reckons that the stock can possibly test the IPO price from here.

Paytm shares surged 10% after Bernstein raised its target price to ₹2,200, citing potential UPI merchant discount rates that could lift the fintech's payments margins from FY28

Paytm Share: Bernstein's target price of ₹2,200 is the first brokerage target to exceed Paytm's IPO price. The target implies an upside of 52 per cent from the previous close of ₹1,441.

SAIF Partners, Elevation Capital and Peak XV Partners sold stakes in Paytm and Meesho, while institutional investors including NPS Trust and mutual funds emerged as buyers

The fintech firm said it is prioritising organic investments while remaining open to acquisitions at the right valuation as its cash balance rose to Rs 13,529 crore in Q1 FY27

Fintech firm One97 Communications, which owns the Paytm brand, plans to infuse Rs 100 crore in its wealth tech arm Paytm Money, the company said in a regulatory filing. Incorporated in 2017, Paytm Money is engaged in providing investment and wealth management services, including stock broking, mutual fund distribution, and other financial services. "Additional investment by the company, by way of subscription, to the equity shares of its wholly owned subsidiary, namely Paytm Money Limited (PML) by way of a rights issue for an amount up to Rs 100 crore, subject to the necessary approvals, as applicable," Paytm said in a late-night filing on Monday. The company expects to close the transaction by September 30. "PML is a wholly-owned subsidiary of the company. Issuance of up to 10 crore (Ten crore) additional equity shares of face value of Rs 10 each by PML, pursuant to the Rights Issue, will not result in a change in shareholding of the company in PML, which remains at 100 per cent,"

Paytm shares declined 3 per cent in intraday trade as investors assessed the company's strong Q1 show and the board's plan to not proceed with the bonus issue announcement.

The fintech company is looking to revive its wallet business with a fresh PPI licence application, following the RBI's cancellation of Paytm Payments Bank's licence

Paytm's Q1FY27 net profit rose 79 per cent year-on-year to Rs 220 crore, while revenue from operations grew 27.6 per cent. The board also approved changes to the utilisation of IPO proceeds

Q1FY27 company results: Firms including Indian Overseas Bank, Sobha, Mahindra Logistics, Canara HSBC Life Insurance Company, and Rallis India are also to release their April-June earnings today

One 97 Communications Ltd, the parent entity that operates digital payments pioneer Paytm is set to reward shareholders with the first bonus issue in its 25-year history, capping a landmark year in which the fintech major posted its maiden full-year profit and gained market share across its payments and financial services businesses. The company informed stock exchanges on Wednesday that its board will meet on July 20 to consider the bonus share proposal, along with financial results for the quarter ended June 30 (Q1 FY27). The board will also decide the bonus issue ratio and record date at its meeting on July 20, subject to the necessary approvals. The move comes weeks after Paytm reported its full year of profit after tax of Rs 552 crore in FY26, swinging from a loss of Rs 663 crore a year earlier; an improvement of Rs 1,215 crore. EBITDA rose to Rs 502 crore from a loss of Rs 1,506 crore, a turnaround of over Rs 2,000 crore in just twelve months. A bonus issue, which allots ...

Muthuselvaraj M of Mirae Asset Sharekhan expects Kalyan Jewellers, Paytm and Lodha Developers to target ₹665, ₹1,600 and ₹1,375 on the upside owing to bullish formations on the technical charts.

Analysts at JM Financial Institutional Securities expect Paytm to report healthy Q1FY27 performance, led by strength in their respective core businesses.

Weekly market outlook by Ajit Mishra: The analyst from Religare Broking says Nifty remains in consolidate mode; among stocks he recommends buying DLF, L&T Finance and Paytm this week.

Retail investors, said G Chokkalingam, founder and head of research at Equinomics Research, must look at company's valuation relative to listed peers, outlook for the sector before investing.

Domestic Institutional Investors have increased stake in 34 Nifty 500 stocks such as - Adani Power, Paytm and Eternal among others - quarter-after-quarter after March 2024, shows shareholding data.

Paytm to continue hiring through March 2027, expanding teams across product, technology and AI, with recruitment also planned for senior leadership roles