Paytm held its 22nd annual general meeting (AGM), the first such meeting after it became a listed company in 2021
Stocks to watch today: Bharti Airtel and Adani Ports will report their June quarter results (Q1FY23); Titan saw 13-fold jump in net profit to Rs 790 crore in Q1FY23.
Its contribution profit, which excludes taxes and marketing expenses but includes promotional incentives, grew over three-fold to Rs 726 cr in June 2022 quarter from Rs 245 cr in year ago period
Paytm's Vijay Shekhar Sharma says company is seeing excellent momentum and is on track to achieve operating profitability
Foreign portfolio investors and mutual funds have marginally increased stake in Paytm's parent company One97 Communications
Majority say no to the plan; new-age companies have faced similar hurdles
Despite its sharp run-up in the past two months, Paytm has underperformed the market by falling 34 per cent in the last six months as against a 12 per cent decline on the Sensex
The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.
One97 Communication, the parent company of Paytm reported a loss of Rs. 780 in March quarter
The agreement was terminated by Paytm Insuretech as the share sale and purchase transaction was not consummated within the time period envisaged by the parties under the agreement
Foreign portfolio investors' (FPIs) holding in Paytm has declined by 4.94 percentage points to 4.42 per cent in March 2022 quarter.
Shares of Paytm are expected to jump up to 20 per cent after overcoming the resistance at the 50-DMA.
Shares of Paytm declined significantly in recent times due to volatile market conditions for high growth stocks, the company's founder and CEO Vijay Shekhar Sharma said on Wednesday
Paytm shares declined due to volatile market conditions, says Vijay Shekhar Sharma
Anuj Mittal is expected to drive the paytm's corporate-investor relations, acting as a liaison between the management and investors
Stock slips 12.3% on Tuesday to end at a new low of Rs 592, as RBI ban on Paytm Payments Bank from onboarding new customers last Friday weighs
Paytm has elevated Madhur Deora to take on the additional responsibility as the CFO of One97 Communications Limited. Currently, Deora holds the role of the company's Group President and CFO.
Fear of withdrawal of easy money and lack of profits will likely weigh on these counters in the near-term
Bajaj Finance hits new high on Q3 results; falls on profit-booking later; Paytm hits new low; declines 26% in three weeks; AGS Transact Technologies IPO subscribed 85% on day 1
Shares of One97 Communications-owned Paytm rebounded on Friday after a sharp fall in the past few sessions.