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Mint

Paytm share are down by -1.19%, Nifty up by 0.53%

Paytm Share Price Today on 19-09-2024: On the last trading day, Paytm opened at ₹676.95 and closed at ₹663.25. The stock reached a high of ₹683.65 and a low of ₹658.10 during the day. Overall, the stock experienced a decline, closing lower than its opening price.

The Economic Times

Paytm shares double in 4 months despite regulatory trouble. What is the road ahead?

Paytm Share Price: The company was in headlines on selling its ticketing business to Zomato and also on the reports of SEBI issuing show-cause notices to Vijay Shekhar Sharma, the founder of the company.

Mint

Paytm share price jumps 6%, crosses ₹700 mark for first time since January

The stock has been on a recovery trajectory since hitting its all-time low of ₹310 per share and has surged by 121% to date. The stock rebounded in June with an 11.4% increase. It continued to perform well, with gains of 23% and 26% in the following two months.

Mint

Paytm share are up by 3.12%, Nifty up by 0.22%

Paytm Share Price Today on 18-09-2024: On the last trading day, Paytm opened at ₹664.55 and closed at ₹685.20. The stock reached a high of ₹703.35 and maintained a low of ₹664.55 throughout the day.

The Economic Times

Paytm, Zomato among four stocks that crossed above VWAP on September 16

When the closing price rises above the VWAP, it indicates that the closing price is higher than the average price at which the stock was traded throughout the day, with this average weighted by trading volume.

The Economic Times

Why timing is everything for startup IPOs, and how Bank Nifty’s placed ahead of Fed meet

The Paytm IPO debacle of 2021 sent shockwaves through the Indian startup ecosystem. The fallout was significant, with other startups reconsidering their IPO plans and adopting cautious stance around the strategy and valuation of their float.

Mint

New-Age Tech Stocks | Paytm, Zomato outperform Nifty 50 this week, CarTrade biggest gainer; Nykaa reduced to ‘sell’

New-Age Tech Stocks | CarTrade Tech emerged as the biggest weekly gainer among new-age stocks, rising over 11 per cent in the last five days, followed by Brainbees Solutions (First Cry) and C.E. Info Systems.

Mint

One 97 Communications share are down by -0.26%, Nifty down by -0.06%

Paytm Share Price Today : On the last trading day, Paytm opened at ₹668.35 and closed at ₹664.65. The stock reached a high of ₹676 and a low of ₹660.85 during the day.

Mint

Paytm to focus on core business, profitability, to extend leadership into AI tech: CEO Vijay Shekhar Sharma

Vijay Shekhar Sharma said on Thursday that Paytm plans to apply for a payment aggregator license from the RBI at an appropriate time. The company has also recently received approval for foreign direct investment from the Indian government.

Business Standard

Paytm to reapply for RBI's payment aggregator licence post govt approval

The announcement comes shortly after PPSL, a subsidiary of Paytm, secured approval from the Ministry of Finance to invest further in its payment services business

CNBC TV18

Paytm founder Vijay Shekhar Sharma commits to profitability, compliance at AGM

On August 27, Paytm had informed the exchanges that it has received the approval from the Finance Ministry for its downstream investment in Paytm Payment Services Ltd. (PPSL). This approval allowed PPSL to resubmit its application for a payment aggregator license from the RBI.

The Economic Times

Paytm aims for profitability with 'compliance-first' approach: Vijay Shekhar Sharma at AGM

Paytm founder Vijay Shekhar Sharma announced at the company's 24th annual general meeting that they aim to achieve profitability soon. The company will strictly adhere to regulatory guidelines and adopt a compliance-first approach. Paytm plans to expand its merchant network and build cross-sell capabilities around financial services like loans, mutual funds, and insurance products.

Mint

Paytm AGM: CEO Vijay Shekhar to reapply for PA license, charts path from losses to profitability - top 10 things to know

Paytm AGM: Paytm's CEO, Vijay Shekhar Sharma, has reaffirmed the company's intention to reapply for a payment aggregator license with the RBI, following a recent government approval.

Business Standard

Paytm to focus on core business; deliver profitability soon: CEO Sharma

Company has 'thoroughly examined' business processes, he says as impact of RBI strictures on payments bank continues

Mint

One 97 Communications share are down by -0.74%, Nifty up by 0.37%

Paytm Share Price Today : On the last trading day, Paytm opened at ₹674.55 and closed at ₹662.05. During the day, the stock reached a high of ₹683.95 and a low of ₹655.75.

The Economic Times

Zomato shares zoom 4% to fresh all-time high as UBS reaffirms buy rating

Zomato Share Price: Shares of Zomato surged 4% to a new high of Rs 283.60 after UBS maintained a buy rating with a target price of Rs 320. The growth optimism follows Zomato's acquisition of Paytm's ticketing business and positive outlooks from Jefferies and JP Morgan. The stock has risen 15.6% over six days.

Hindustan Times

Paytm's Vijay Shekhar Sharma's ‘thank you’ message for PM Modi: ‘World is…’

Paytm CEO Vijay Shekhar Sharma discussed AI, recent lessons, and company's future at 24th AGM, highlighting India's payment innovation and thanking PM Modi.

The Economic Times

Paytm AGM: Vijay Shekhar Sharma repeats intention to reapply for payment aggregator license to RBI in due course

Paytm's Vijay Shekar Sharma announced during the company's Annual General Meet that they will reapply for a payment aggregator license to RBI. The fintech firm received approval from the finance ministry to invest in its payment services business, allowing them to resubmit their application for the license.

The Economic Times

Don’t exit auto for a few soft months of vehicle sales; be careful about cement: Dipan Mehta

Dipan Mehta of Elixir Equities discusses the potential for soft quarters in the auto industry and advises managing expectations. He also highlights Paytm's resilience despite regulatory challenges and expresses the need to be cautious about the cement sector. Mehta notes that private sector capex is focused on startups, batteries, semiconductors, and data centers.

Mint

One 97 Communications share are up by 2.59%, Nifty up by 0.15%

Paytm Share Price Today : On the last trading day, Paytm's stock opened at ₹655.35 and closed at ₹670.60. The stock reached a high of ₹683 and a low of ₹651.05 during the day.

The Economic Times

Zomato shares gain 15%, remain unbeaten for 5 sessions

Zomato Share Price: Zomato shares surged 15.5% to a record high of Rs 280.60, driven by a Paytm deal, positive broker ratings, and strong earnings growth. Jefferies targets Rs 335, predicting significant delivery revenue growth.

Mint

New-Age Tech Stocks | CarTrade Tech biggest weekly gainer, Zomato up 6%; D-Street experts pick Paytm for short-term

New-Age Tech Stocks: CarTrade Tech emerged as the biggest weekly gainer among new-age stocks, rising eight per cent in the last five days, followed by Zomato and Mamaearth.

Mint

Latest Market News Today Live Updates September 7, 2024: New-Age Tech Stocks | CarTrade Tech biggest weekly gainer, Zomato up 6%; D-Street experts pick Paytm for short-term

Latest Market News Today Live Updates: Follow Mint's market blog for real-time updates on your favourite companies. This blog keeps you informed on all things Dalal Street and global markets.

The Economic Times

Zomato's big Paytm play puts a spanner in KKR's BMS plans

KKR is talking to BookMyShow, India's largest online ticket-booking platform, to rejig the details of the $250-300 million investment it was planning for a minority stake. Zomato recently bought Paytm's live ticketing business in a deal valued at over Rs 2,000 crore.

The Economic Times

Can Paytm do a Zomato? Sandip Sabharwal answers

Sandip Sabharwal evaluates various sectors including technology, sugar, defence, and cement. He notes the positive impact of lifted ethanol production restrictions, discusses the high valuations in defence stocks, and explores the future potential for SBI and changes in the cement industry due to ongoing consolidation. Sabharwal also weighs considers whether Paytm can do a Zomato.

Mint

Paytm share price Today Live Updates : Paytm Shares Decline in Today's Trading

Paytm Share Price Today Live Updates : Paytm stock price went down today, 02 Sep 2024, by -2.32 %. The stock closed at 621.8 per share. The stock is currently trading at 607.4 per share. Investors should monitor Paytm stock price closely in the coming days and weeks to see how it reacts to the news.

The Economic Times

Market Trading Guide: TCS, Paytm among 5 stock recommendations for Monday

The S&P BSE Sensex closed 0.28% higher at 82,365, while the NSE Nifty50 ended above the 25,200 mark.

The Economic Times

Here's why Vinit Bolinjkar is bullish on Paytm

Two out of three loans in this sector are financed by Bajaj Finance. So, I believe Bajaj Finance is in a very favorable position, and I wouldn’t be surprised if the stock doubles in two years. The only thing we need to monitor is whether the company can guide credit costs and confirm that the worst is behind them.

CNBC TV18

Paytm shares up 100% from all-time low but below IPO price; what should you do now?

Paytm shares are now up 25% in the last one month.

The Economic Times

Gainers & Losers: Paytm, Vodafone Idea among 9 stocks in action on Friday

This is the third consecutive day the Nifty has closed at a record high. Here are the stocks that were in maximum action today

Mint

Flipkart fintech 2.0: Can super.money strike gold?

Flipkart's re-entry into fintech with super.money is a bold move, but the real test lies in whether it can leverage its vast user base to outmanoeuvre established players like PhonePe and Paytm.

The Economic Times

Paytm shares soar over 12% amid high volumes

Paytm Share Price: Shares of fintech firm Paytm surged over 12% to Rs 623.8 during Friday's intraday trading, driven by heavy volumes on the NSE, with 2.96 crore equity shares worth Rs 1,763.6 crore traded. At 2:47 p.m., the stock was up 11.4% at Rs 618. The shares have climbed 16% in the past two days following the company’s approval from the finance ministry to invest in its payment services business.

The Economic Times

Ola Electric to offer products on ONDC

Bhavish Aggarwal announced on X that all products by Ola Electric will be available on the government's ONDC. He said the products can be bought on the ONDC's buyer side apps like Ola Cabs, MagicPin and Paytm.

Mint

Stocks to Watch: IndiGo, Paytm, RIL, Tata Motors DVR, Adani Ports, and more

Here’s a quick look at stocks likely to be in focus in today's trade.

Mint

Paytm gets govt nod for investment in payments arm, will resubmit application for license

Paytm received finance ministry approval to invest in its payment services business and will resubmit an application to regain its license. Meanwhile, it will continue providing services to existing partners.

Mint

Paytm to reapply for payments aggregator licence after nod for infusion by parent

RBI had rejected Paytm’s application nearly two years ago and asked it comply with FDI rules

CNBC TV18

Paytm gets Finance Ministry nod for 'downstream investment' in Paytm Payments Services

Meanwhile, Paytm Payments Services will continue to provide online payment aggregation services to its existing partners, ensuring uninterrupted service. Shares of One 97 Communications Ltd ended at ₹538.05, down by ₹7.55, or 1.38%, on the BSE.

The Economic Times

Paytm gets govt nod for downstream investment into payment services arm

Paytm got approval from the finance ministry to invest in its payment services business, the fintech firm said on Wednesday. With the approval, the payment services business will resubmit application for its payment aggregator license.

Mint

Zomato completes acquisition of Paytm's entertainment, ticketing business

Food delivery company Zomato has completed the acquisition of Paytm subsidiaries WEPL and OTPL for the entertainment ticketing business, the company said in its filing with the exchanges.

Hindustan Times

Zomato completes acquisition of Paytm's entertainment and ticketing business

Zomato acquired Paytm subsidiaries WEPL and OTPL for ₹2,048 crores to expand into the entertainment ticketing business, the companies confirmed in filings.