Page 7 - Paytm

Paytm share rallies 8% as Emkay upgrades to 'Buy' from 'Add', lifts target

The northward movement in the Paytm share price came after domestic brokerage Emkay upgraded the stock to 'Buy' from 'Add'. It also raised the target price to Rs 1,050, from 750 earlier

Paytm, Angel One, Kalyan Jewellers among 6 stocks with huge short build-up

Retail investors most bullish in last 7 months, with long-short ratio in index futures at 5:2. On the other hand, FIIs hold 5 bearish bets in index futures for ever long trade; shows NSE F&O data.

Paytm share price drops 14% this week; breaks support levels on tech chart

Paytm share price: From its 52-week high level of Rs 1,063, which it hit on December 17, 2024, Paytm share price has crashed 20.6 per cent

Navi crosses 1% market share in UPI transactions in December 2024

This is the first time in many months that a firm outside the top three has achieved this

Turning tide: Fintech firm Paytm's Ebitda likely to break even this quarter

It is also projected to achieve breakeven at the net profit level in Q4FY26, brokerage firm Mirae Asset Capital Markets said in a note

Why are Paytm shares down 4% on NSE today? Check reason here

Paytm share: The fall in Paytm share came after the National Payments Corporation of India (NPCI) extended the deadline to implement transaction volume cap on Unified Payments Interface (UPI) apps

Paytm Money launches Pay Later stock trading feature at 1% monthly interest

Service 'democratises' stock market participation for retail investors, says company

Paytm closes above Rs 1k mark after 3 yrs; firm value crosses Rs 64k cr

Shares of Paytm have rallied nearly 30 per cent in the past one month

AI tech to replace humans workflow, says Paytm founder Vijay Shekhar

Start-ups not working on technologies that can replace humans in workflow will not last long, Paytm founder and CEO Vijay Shekhar Sharma said on Tuesday. While speaking at the Rising Rajasthan Global Investment Summit, Paytm founder and CEO Vijay Shekhar Sharma, however, said that his company will need more people to develop technology and provide support as the adoption of AI increases. When asked about whether Paytm is also looking at technologies to reduce its workforce, Sharma said, "We will need to hire more ... to provide technology support. Technology companies will become stronger with the adoption of tech". During his session on Digital Transformation, Sharma said anything that is being done physically or mentally will be replaced by AI like car driving and writing code. Startups not developing tech to replace human workflow will not last long. "If you are not building a startup that removes the obligation of a human's workflow, you're not building a company that will be .

Paytm shares increase threefold after non-core business divestment

The company is seeing signs of recovery, with monthly transacting users (MTUs) at 71 million at the end of the September quarter of this financial year

New RBI Gov Sanjay Malhotra, Vikram Misri visits Dhaka, Paytm shares & more

Sanjay Malhotra, the current Revenue Secretary in the Finance Ministry has been appointed as the 26th Governor of the RBI for a term of three years, and will be taking charge starting Wednesday.

Paytm hits 52-week high after Singapore arm to sell stake in Japan's PayPay

Paytm currently has a cash balance of over Rs 10,000 crore. The Rs 2,364 crore sale would expand it by over 20 per cent

Paytm's Singapore unit to sell stake in Japan's PayPay for Rs 2,364 crore

The transaction is expected to close this month subject to approvals. The sale is expected to strengthen the parent company's cash reserves

Paytm arm to sell stock acquisition rights in Japan's PayPay for Rs 2.3K cr

Fintech firm and owner of Paytm brand One97 Communications' Singapore-based arm has approved the sale of its Stock Acquisition Rights in Japan's PayPay to Softbank Vision Fund 2 for Rs 2,364 crore, the company said in a regulatory filing on Saturday. Paytm and Paytm Singapore had signed an agreement with the Japanese digital wallet firm, Softbank Corp, Softbank Group Corp and Yahoo Japan Corporation to provide technology services to PayPay. In lieu of the services, Paytm Singapore had acquired Stock Acquisition Rights, convertible into 1,59,012 shares or a 7.2 per cent stake in PayPay on a fully diluted basis. "One97 Communications Singapore Private Limited has informed the company on December 06, 2024, at 12:49 pm (IST), that its Board of Directors at its meeting held on December 06, 2024, has approved the sale of all its Stock Acquisition Rights in PayPay Corporation, Japan, to SoftBank Vision Fund 2 entity for net proceeds of JPY 41.9 billion (equivalent to Rs 2,364 crore)," the

Paytm's wholly-owned Singapore unit approves stake sale in PayPay

The value of the deal is reportedly pegged at $250 million, although the company did not voluntarily disclose the deal size on the exchanges

Paytm set to sell stake in Japan's PayPay to SoftBank for $250 million

Paytm's parent, One97 Communications, is set to sell its $250 million stake in PayPay to SoftBank as part of its strategy to divest non-core assets and focus on expanding its payments business

Regulation-first approach to drive success for fintechs: Paytm founder, CEO

He added that it is the responsibility of entities in the financial services domain to ensure the safety of users through measures involving customer education

LIC, BSE, Angel One, Adani shares soar up to 9% on F&O entry; Nykaa dips 2%

It was a mixed debut for the new 45 entrants in the derivatives segment as 50 per cent of the shares traded with losses in intra-day deals on the NSE.

Paytm rallies 6%, trades higher for fifth straight day; nears 52-week high

The stock has rallied 19% in five trading days and is quoting at its highest level since November 2023

Don't rush to buy new-age co's stocks despite good Q2 results: Analysts

With new-age companies delivering healthy September quarter results, analysts still remain on a wait-and-watch mode. Here's why