Paytm shares nosedive 20% on plans to scale down small-ticket postpaid loans
The fintech major will further expand its high-ticket personal and merchant loan business, while it will reduce small-ticket postpaid loans of less than ₹50,000.
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Paytm shares tumble 5% amid block deal; snap four-day gain
The shares of Paytm parent, One97 Communications, declined as much as 4.6% to hit a low of ₹880, with 8.7 lakh shares changing hands on the BSE.
Paytm shares drop over 3% despite positive Q2; here’s what analysts say
Snapping five sessions gaining streak, Paytm shares declined as much as 3.5% as investors booked profit at higher levels.
Paytm Q2 loss narrows to ₹290 cr; revenue rises 32%
EBITDA without ESOP costs improved to ₹153 crore as compared to a loss of ₹166 crore in Q2 FY23.
Jefferies expects Paytm to turn profitable in next 4 quarters
Jefferies has set a target price of ₹1,300 for Paytm, a 34% upside compared with its closing price on October 19.
Paytm launches 'Card Soundbox' to allow both QR & card payments
The company aims to solve two problems for merchants — accepting card payments along with getting instant audio alerts for all payments
Alibaba's Antfin transfers 10.3% stake in Paytm; Sharma now biggest shareholder
The Sharma family becomes the biggest shareholder in One97 at 19.55%; Paytm shares trading in red ₹877.75 against previous closing price of ₹874.45
Paytm shares fall 3% after SoftBank sells another 2% stake
SoftBank Vision Fund L.P., an arm of SoftBank, has offloaded 2.01% shares in One97 Communications, bringing down its stake to 9.15%.
Paytm’s payment volumes surge 40% YoY in March quarter; stocks surge
During the quarter under review, Paytm disbursed ₹12,554 crore loans to its lender partners, registering a growth of 253% YoY as against ₹3,553 crore in the same period last year.
Alibaba sells entire stake in Paytm; stock rises 3%
The Jack Ma-founded firm, which held 6.26% direct stake in Paytm as of December 2022, sold a partial 3.1% shares in January and the remaining 3.16% stake on February 10.
