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.
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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 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 jumps 5% on growth projection; rises 19% in six sessions
Founder and CEO Vijay Shekhar Sharma expects Paytm to become a free cash flow generating company in the next 12-18 months
Paytm share at another new low, now 75% below issue price
The stock fell 4% in the intraday trade to hit a fresh low of ₹542 on BSE.
Macquarie slashes Paytm share target price to ₹450
The brokerage retains its 'underperform' rating on the stock.
Paytm shares falls below ₹600 for first time
The stock plunged 12% to ₹592.40 on BSE, dropping out of the 100-most valued companies listed on the exchange.
Paytm shares hit record low; ICICI Securities initiates 'Buy' rating
ICICI Securities initiates coverage on Paytm with a 'Buy' rating, indicating an upside of 67% from the stock's current level.
