Paytm releases operating performance for May; here’s how stock reacted
The fintech company disbursed ₹5,502 crore loans in May through Paytm platform, while for quarter to date (for April & May 2023) it stood at ₹9,618 crore.
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Paytm shares fall 3% after SoftBank trims stake
SVF India Holdings (Cayman)Ltd, a SoftBank arm, sold a 2.07% stake in Paytm between February 10 to May 8, 2023.
Paytm shares jump 5% on healthy Q4 numbers; extend rally for 6th session
The net loss of the fintech major dropped to ₹168.4 crore in Q4FY23, against a loss of ₹761.4 crore in the same period of the previous year.
Paytm shares jump 5%; here’s why
The stock price got a boost amid a report that Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into Paytm Payments Bank.
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 share surges 14% in three days; here’s why
On Wednesday, shares of One 97 Communications gained as much as 5.5% to hit an intraday high of ₹541.50 on the BSE.
Why buyback plan failed to soothe Paytm investors' nerves
Investors remained skeptical about buyback size and route through which the company intended to repurchase shares.
As Paytm stock hits new low, Citi sees 139% upside
Shares of Paytm fell 2.5% to ₹441 on Thursday, about 80% lower from its IPO issue price of ₹2,150.
