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.
one97 communications company
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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.
Paytm shares snap 4-day rally; fall 9% on strong volume
Paytm parent One97 Communications shares surged 35% in the last four sessions as investors cheered its December quarter earnings.
Paytm shares jump 12% in two days; here's what fuelled rally
Paytm share price rallied 20% to hit an intra-day high of ₹669.60 on the BSE on Tuesday after some foreign brokerages recommended “Buy” rating on the stock.
Paytm stock surges over 8% as Q3 loss narrows
During the quarter, the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) before ESOP improved by ₹452 crore YoY.
Paytm to buy back shares worth ₹850 cr at 50% premium; stock falls 3%
The board of Paytm has approved a share buy back plan at ₹810 apiece, a premium of 50% as compared to current market price, to encourage shareholders to sell the shares back to the company.
Paytm shares crash 10% to hit new record low
The Vijay Shekhar Sharma-led company's market capitalisation has fallen to ₹31,300 crore.
Paytm share nosedives 10% on Softbank stake sale buzz
SoftBank Group, one of the biggest shareholders in One97 Communications, is looking to sell 29 million shares in the company at ₹555-₹601.45 apiece.
Paytm shares tumble 4% as lock-in period expires
Paytm shares have wiped off 72% of investors' wealth since listing, falling from IPO price of ₹2,150 to an intraday low of ₹605.80 today.
Paytm stock up 2% on strong operating performance in Sept
The number of loans disbursed grew threefold by 224% on a year-on-year (y-o-y) basis to 9.2 million in the September quarter this year.
