One 97 Communications

Morgan Stanley turns bullish on Paytm, ups target by 35% on earnings upside

Morgan Stanley has upgraded One 97 Communications Ltd, the parent of Paytm, to Overweight from Equal-weight, raising its price target by 35 per cent to Rs 1,950 from Rs 1,450 as it sees stronger execution across payments and financial services supporting faster growth and further earnings upgrades. The revised target implies an upside of about 22 per cent from Paytm's closing price of Rs 1,601.60 on October 27. Morgan Stanley said continued execution, favourable industry developments and the potential for upward revisions to earnings estimates could support a further re-rating of the stock. The upgrade comes after Paytm shares gained 46 per cent over the preceding six months. Despite the rally, the brokerage sees scope for further gains as revenue growth accelerates and profitability improves. It noted that consensus estimates for the company's FY28 earnings before interest, taxes, depreciation and amortisation had risen by more than 21 per cent over the same period. Morgan Stanley

Paytm's Indian investors hold over 56% stake as domestic ownership rises

Paytm remained majority Indian-owned for the third consecutive quarter, with domestic ownership crossing the 50 per cent mark in the March quarter of FY26

Paytm's First Games gets ₹5,008 cr relief in GST demand reduction

Paytm parent One 97 Communications said the revised GST demand on First Games Technology would have no incremental financial impact on its consolidated financial statements

Paytm, Mobikwik, Pine Labs rebound even as NPCI defers MDR on UPI; read why

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

Paytm, Mobikwik share prices crash up to 10% amid UPI MDR delay buzz

According to reports, the implementation of the new UPI MDR framework is likely to be deferred to January 1, 2027 from the earlier proposed October 15 rollout, with no final decision yet.

Paytm soars 4% in weak market, nears new high; stock up 90% from March low

Jefferies raises Paytm's earnings estimates for FY28-29 by 20-25 per cent to factor in 25bps MDR on UPI and raises the price target to ₹2,100 (from ₹1,600).

Paytm rises 5% to 52-wk high on enterprise AI foray; up 90% from March low

Analyst said that today's buoyancy in Paytm stock was seen as the company expands to a new business, jumping on the agentic AI bandwagon to accelerate a rebound in revenue growth.

₹1 trillion market-cap stock club swells 27% to 119 in FY27

Among the new additions, Laurus Labs saw its market-cap rise 92 per cent to ₹1.03 trillion from ₹53,546 crore as of March 30, 2026

Paytm block deal: 2.95% equity changes hands; stock slips 1.5%

Paytm opened at ₹1,580.20 and initially traded around 1.2 per cent higher before reversing gains. The stock later slipped as much as 1.4 per cent during the session to an intraday low of ₹1,557.

Bernstein's outperform rating on Paytm sees stock jump 8% on Monday

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.

Paytm, Meesho witness major block deals; funds emerge key buyers

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

Paytm hits over 4-year high; stock zooms 52% from March low

Paytm reported a 79% YoY jump in Q1 net profit at ₹220 crore backed by 27.6% growth in revenue from operations. The management expects FY27 revenue growth to exceed the 22% delivered in FY26.

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.

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 to reward shareholders with maiden bonus issue in 25 years

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 ...

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.

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 .

Jefferies maintains 'Buy' on Paytm; sees growth intact despite PPBL curbs

Global brokerage firm Jefferies has reiterated its "Buy" rating on Paytm (One 97 Communications Ltd), stating that the company's growth engine and profitability will remain intact despite regulatory action on its associate entity Paytm Payments Bank Ltd (PPBL). The company has maintained its price target of Rs 1,350, implying an 18 per cent upside. In its latest report, Jefferies stated that Paytm had already undertaken comprehensive structural changes over the past two years, following the regulator's 2024 restrictions on PPBL. These include shutting down the wallet business tied to the bank, migrating UPI handles to other partner banks, terminating inter-company agreements, and writing off its investment in the banking entity. Post the central bank's action, PPBL's board was reset, with a new chief executive being brought in, the brokerage firm noted. With these structural changes already complete, the brokerage said the licence cancellation itself has a low incremental impact on

Stocks to Watch today: RIL, Axis Bk, IndusInd Bk, Paytm, MRPL, L&T Finance

Stocks to Watch today, April 27, 2026: From Reliance Industries to Axis Bank, here are few stocks that will be on investors' and traders' radar

Paytm becomes majority Indian-owned as domestic stake rises to 50.3%

One 97 Communications Ltd, which operates the Paytm brand, has become a majority Indian-owned and controlled company after domestic investors increased their stake to 50.3 per cent as of March-end 2026. The shift marks a structural change in ownership for the fintech firm, with domestic shareholding rising steadily in recent quarters, reflecting growing investor confidence. Domestic institutional investors raised their stake to a record 23.1 per cent in the March quarter, up 2.8 percentage points sequentially and 9.1 percentage points from a year earlier, according to regulatory filings. Mutual funds led the increase, with their holdings climbing to 16.6 per cent from 14.3 per cent in the previous quarter, while the number of funds investing in the company rose to 41 from 36, with entities, such as Motilal Oswal Mutual Fund, Mirae Asset and Bandhan Mutual Fund, continuing to expand their shareholding. Insurance companies also added to their positions, taking their combined stake to