Pine Labs

The MDR, which was to be applicable from October 15, will now come into force after Diwali, according to a notification by NPCI.

Block deal alert: A combined 112 million equity shares representing 9.74 per cent of total equity of Pine Labs changed hands on the NSE and BSE till 11:34 AM on Tuesday.

ONGC struck gas at its first Mahanadi Basin well, MN-DW18-1-H-D, at a depth of 1,441-1,452 metres, around 43 km off Konark.

Fintech stocks react to MDR news: Paytm, Pine Labs and One MobiKwik Systems decline up to 13% during the week, recover on Friday. Here's why the tech analyst remains bullish on Paytm and Pine Labs.

Jefferies said that MDR on UPI comes ahead of estimates and is "higher than expectations" of 25bps, while Emkay Global believes that this development lifts the revenue pool for the industry.

In the past one week, the Nifty Smallcap 100 index has underperformed the market by falling 5 per cent, compared to 2 per cent decline in the Nifty 50.

Paytm shares rallied 7 per cent to a fresh 52-week high of ₹1,856.50 on the BSE. Mobikwik stock rose by 6 per cent to ₹214. However, Pine Labs slumped 6 per cent to ₹182 per share.

Pine Labs made its Dalal Street listing in November 2025, with the issue getting subscribed 2.45 times. Its shares debuted with a premium of nearly 10 per cent at ₹242 versus the IPO price of ₹221

Karthik will lead operations and merchant experiences across India and international markets as Pine Labs looks to build a unified operational model globally

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

The optimism around Q1 earnings is shifting from large caps to midcaps. Following a five-week breather near the all-time high, the Midcap Index regained momentum, said ICICI Securities.

The fintech reported a four-fold rise in first-quarter profit despite a higher effective tax rate, while revenue growth was supported by investments in sales and merchant expansion

Platform gross transaction value was about ₹4.22 trillion as digital checkout points rose 18 per cent to 2.17 million; contribution margin fell to 72.3 per cent year-on-year

The rights issue investment will help Synergistic Financial Networks meet working capital requirements and support its future expansion plans

Pine Labs has launched an agentic payments protocol for UPI transactions, with CEO Amrish Rau calling for India-led standards in autonomous commerce

The rise in net profit came at a time when the Gurugram-headquartered company's revenue from operations rose 17 per cent to ₹700.51 crore in Q4 FY26, up from ₹598.64 crore in Q4 FY25

Q4FY26 company results: Firms including Amara Raja Energy & Mobility, Awfis Space Solutions, Campus Activewear, and Chemplast Sanmar are also to release their January-March earnings today

Larger platforms like PB Fintech and One97 Communications (Paytm) have closely tracked or slightly underperformed the Nifty 50, displaying far better resilience than sub-scale players

Pine Labs shares are nearly 31 per cent below the listing price of ₹242 per share

Acquisition of checkout platform Shopflo aims to strengthen Pine Labs' full-stack commerce offering and deepen engagement with D2C merchants across online and offline channels