Page 2 - One 97 Communications Ltd News

Nifty Midcap 100 index hits record high, Smallcap 100 touches 52-week high

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.

Madhusudan Kela, Vijay Kedia: Smart investor portfolios beat markets in July

G Chokkalingam, founder and head of research at Equinomics Research expects markets to reward stocks of companies where there is valuation comfort, earnings visibility rather than a broad-based rally.

One97 Communications to infuse ₹100 cr in wealth tech arm Paytm Money

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 reverses gain, falls 3% after Q1 show; board shelves bonus issue plan

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.

Paytm posts ₹220 crore net profit in Q1, revenue from operations up 27.6%

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

Q1 results: UltraTech Cement, Paytm, Shyam Metalics, 43 more on July 20

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

Stocks to Watch Today: Jio Financial, Wipro, Paytm, HDFC Life & more

Wipro, Tech Mahindra, Jio Financial Services, BHEL and ITC Hotels among the top companies slated to post their April-June quarter earnings today.

Kalyan Jewellers, Paytm, Lodha among buzzing stocks in July; how to trade?

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.

Nifty Midcap, Smallcap indices hit 52-week highs; what's driving the rally?

Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday's intra-day trade.

Paytm rallies 5%, fintech stock price nears 52-week high; here's why

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

Paytm, DLF, L&T Finance among top stock picks by Ajit Mishra; here's why

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.

Large, marquee IPOs do not guarantee an instant jackpot for investors

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.

DIIs raised stake in these 34 stocks for 8 consecutive quarters; full list

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 planning to hire 4,000 employees in AI pivot with some roles cut

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

Stocks to Watch, June 3: Alkem Labs, Dhanuka Agritech, Paytm, Canara Bank

Stocks to Watch today, June 3: Infosys, Alkem Labs, Paytm among others in focus; here's why

Uber, Paytm invest ₹60 crore each in government-backed ONDC platform

The investments deepen the companies' engagement with ONDC, following integration of mobility, logistics and ticketing services on the digital commerce network

Stocks to Watch, June 2: NHPC, Alkem Labs, Wipro, Paytm, Ola Electric

Stocks to Watch, June 2: L&T, Anant Raj, Ola Electric, Paytm, Alkem Labs among shares to remain on investors' and traders' radar today

Paytm to invest €9 million in Europe arm to fund business expansion

Fintech firm One 97 Communications, which operates under the Paytm brand, on Monday said its wholly-owned subsidiary Paytm Cloud Technologies will invest 9 million euro in its European payment entity. "...The Board of Directors of PCTL (Paytm Cloud Technologies Limited)...has approved an additional investment by way of subscription to 9 million equity shares of EUR 1 (one euro only) each at a total consideration of EUR 9 million (nine million euro), in its wholly-owned subsidiary, Paytm Europe Payments S.A (Paytm Europe)," the company said in a filing. The transaction is aimed at increasing the paid-up capital of Paytm Europe to support the funding requirements for its business. The transaction is expected to be completed on or before June 30, 2026, the company said. Paytm Europe Payments S.A., incorporated in Luxembourg on January 12, 2026, is a step-down wholly-owned subsidiary of One 97 Communications. It is yet to commence its business operations. PCTL presently holds 100 per .

Goldman Sachs, SocGen, others buy 1.34% stake in Paytm for ₹964 crore

Global financial institutions, including Goldman Sachs, Societe Generale, and Citigroup Global Markets, have collectively acquired a 1.34 per cent stake in One 97 Communications, the parent company of Paytm, from SAIF Partners and Elevation Capital for Rs 963 crore through open market transactions. Other foreign investors participating in the transaction included Ghisallo Capital Management, BNP Paribas, Copthall Mauritius Investment, and Hong Kong-based Viridian Asset Management. Among domestic institutional investors, Sundaram Mutual Fund (MF), Nippon India MF, Edelweiss Mutual Fund and India Acorn ICAV also bought shares of the fintech firm, as per the block deal data executed on the BSE on Friday. These entities collectively purchased a total of 85.98 lakh shares on the exchange, representing a 1.34 per cent stake in Noida-based One97 Communications. The shares were bought at an average price of Rs 1,120.65 apiece, taking the transaction value to Rs 963.60 crore. Meanwhile, Ho

FPIs cut stakes in HDFC Bank, Reliance since 2022; bet on Paytm, Eternal

FPIs have reduced shareholding in large-cap stocks like HDFC Bank, Reliance and Infosys since 2022 while increasing exposure to Paytm, Eternal, Polycab and healthcare stocks, ICICI Securities said