Motilal Oswal Mutual Fund has acquired additional shares in One 97 Communications, the parent company of fintech firm Paytm, raising its total shareholding to over 5 per cent. According to a regulatory filing on Tuesday, various schemes of Motilal Oswal Mutual Fund acquired 26,31,244 shares of One 97 Communications through open market transactions on August 11, 2024. This adds a 0.41 per cent stake in Motilal Oswal MF's holding in Paytm. The filing did not disclose the valuation of the transaction. Following the transaction, the total shareholding of Motilal Oswal Mutual Fund in the Noida-based digital payments firm has increased from 3,02,80,155 shares (4.74 per cent) to 3,29,11,399 shares, which corresponds to a 5.15 per cent stake. The shares were acquired by over 20 schemes, including the Motilal Oswal Midcap Fund, Flexi Cap Fund, ELSS Tax Saver Fund, and various ETF schemes, the filing noted. As per the filing, the total voting capital of One 97 Communications stands at ...
Paytm stock has rallied 66 per cent in the last six months, and is now seen trading near the major hurdle, hence technically some consolidation at current levels cannot be ruled out.
One 97 Communications shares fell 2 per cent after about 2.9 per cent equity stake changes hands in a large trade on the BSE
China's Ant Group to fully exit Paytm with ₹3,800 cr stake sale at ₹1,020 per share, following earlier exits by SoftBank and Berkshire Hathaway
Paytm posted a net profit of Rs 122.5 crore in Q1FY26, driven by sharp cost controls, after a steep loss in the corresponding quarter of FY25
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Individually, AGS Transact Technologies has been the worst performing IPO in the last five years, with the stock trading at a mammoth 97% discount to its issue price.
This is Paytm's first quarterly profit since the September 2024 quarter, attributed to artificial intelligence (AI)-led operating leverage, disciplined cost structure, and higher other income
Paytm share price climbed 2 per cent in trade after Paytm Cloud Technologies incorporated its wholly owned subsidiary in Singapore
Antfin mopped up ₹2,104 crore from the share sale. Shares of Paytm last closed at ₹857, down 1.13 per cent. At the end of March 2025 quarter, Antfin held 9.85 per cent stake in Paytm
Ant Group, a subsidiary of Alibaba Group, has been gradually reducing its stake in Paytm
At 9:37 AM, Paytm shares recovered partially from the day's low, and were trading 2.01 per cent lower at ₹848.95 per share. In comparison, the BSE Sensex was down 0.66 per cent at 81,888.09.
Vijay Shekhar Sharma and One97 Communications settle Sebi case on Esop violations with penalties and a three-year ban on accepting stock options from listed firms
Paytm Q4 FY25 result: Paytm's loss widened sequentially from ₹208 crore in the December quarter due to a one-time employee stock option cost
The revised interest rates will be applicable starting April 18, 2025, while the updated brokerage of 0.1 per cent per trade will be applicable from May 18, 2025
The stock has fallen 19.5 per cent this year, compared to a 1.61 per cent fall in the benchmark Nifty 50
The northward movement in the Paytm share price came after the company announced that it is shifting to direct transaction processing
Paytm stock settled at ₹733.15, down 3.92 per cent from the previous day's close of ₹763.10 on the NSE
With this registration, Paytm Money Limited can offer Sebi-compliant research services, including investment insights, research reports, and data-driven analysis, the company said in a statement
The Enforcement Directorate on Monday said it has issued a Rs 611 crore worth show cause notice to Paytm's parent company and linked entities for "contravention" of the FEMA on various counts. The notice has been issued by a special director of the federal agency before the initiation of adjudication proceedings. The show cause notice has been issued to Paytm's flagship company One 97 Communication limited (OCL), its managing director and other Paytm subsidiary companies like Little Internet Pvt Ltd and Nearbuy India Pvt Ltd for contraventions of the provisions of the Foreign Exchange Management Act (FEMA) to tune of around Rs 611 crore, the ED said in a statement. Investigation found that OCL made foreign investment in Singapore and "did not" file necessary reporting to the Reserve Bank of India (RBI) for the creation of an overseas step-down subsidiary, it said. The OCL had also received foreign direct investment (FDI) from overseas investors "without following" proper pricing ..