One 97 Communications Ltd

(PAYTM)

Paytm Faces Challenges Amid High Valuation - 16 Sep, 2024

Zomato and Paytm are considered expensive stocks, with Paytm facing significant business challenges, including regulatory issues that may delay recovery from recent setbacks.

Paytm Prioritizes Compliance and Profitability Goals - 13 Sep, 2024

Paytm's CEO announced a shift to focus on profit after tax, moving away from operational profit metrics. The company is also emphasizing compliance and aims for profitability while applying for a payments aggregator license.

Paytm's CEO Outlines Profitability Strategy at AGM - 12 Sep, 2024

At the AGM, CEO Vijay Shekhar Sharma reaffirmed One 97 Communications' commitment to profitability, focusing on core payments and cross-selling financial services. The company plans to reapply for a payment aggregator license and leverage AI for business scaling, despite reporting a significant net loss in Q1 FY25.

Paytm's 24th AGM to Address Key Board Changes - 11 Sep, 2024

One 97 Communications will hold its 24th AGM on September 12, seeking shareholder approval for board appointments and financial statements, reinforcing corporate governance standards.

Paytm Shares Surge Amid Strong Buying Interest - 10 Sep, 2024

One 97 Communications Ltd's shares have surged over 8%, marking a 120% increase from their 52-week low. The stock's rally follows recent approvals and positive market sentiment, with analysts optimistic about future performance.

Paytm Shares Rally with Key Resistance Level Identified - 05 Sep, 2024

Paytm shares have surged 82% over three months, with Rs 655 identified as a crucial resistance level. Analysts suggest potential targets of Rs 850-900 if breached.

Paytm Stock Declines After Profit Booking - 02 Sep, 2024

One 97 Communications Ltd (Paytm's parent) saw its stock drop over 3% due to profit booking after a significant rise. Recent gains were driven by regulatory approvals for Paytm Payments Services, but ongoing concerns remain.

Paytm Stock Shows Bullish Signs Amid Approval - 31 Aug, 2024

Paytm's stock is experiencing a bullish reversal after breaking key patterns and receiving approval for its payment services, signaling potential gains ahead.

One97 Communications Stock Soars After Approval News - 30 Aug, 2024

Shares of One97 Communications, parent of Paytm, jumped nearly 13% following government approval for downstream investment in Paytm Payments Services. The stock has rebounded significantly from its all-time low, reflecting positive market sentiment despite previous regulatory challenges.

Paytm Secures Approval for Investment in PPSL - 29 Aug, 2024

One 97 Communications Ltd (Paytm) received approval from the Finance Ministry for a downstream investment in Paytm Payments Services Ltd, enabling it to reapply for a payments aggregator license. This development alleviates regulatory concerns and is seen positively by analysts, although immediate business impact may be marginal.

Paytm Secures FDI Approval and Ticketing Valuation - 28 Aug, 2024

One97 Communications' subsidiary, Paytm Payments Services Limited, received FDI approval and plans to resubmit its payment aggregator licence application. Additionally, its entertainment ticketing business is valued at ₹2,048 crores, highlighting its significant market presence.

Paytm Clarifies SEBI Notice, Appoints New Director - 27 Aug, 2024

One97 Communications Ltd. clarified that a SEBI notice is not new and previously disclosed. Shares rose 3.5% following this clarification. NV Srinivasan appointed as a non-executive independent director to strengthen governance.

Paytm Faces Regulatory Scrutiny, Shares Plummet - 26 Aug, 2024

One 97 Communications Ltd (Paytm) faces scrutiny from SEBI over promoter classification, leading to a nearly 9% drop in shares. The company clarifies that the matter is not new and has been disclosed previously. Additionally, Paytm has filed a settlement application regarding ESOP issuance norms violations. Ongoing regulatory pressures continue to impact investor sentiment.

Paytm's Ticketing Business Sale Viewed Positively - 23 Aug, 2024

One97 Communications announced the sale of its entertainment ticketing business to Zomato for Rs 2,048 crore. Analysts view this as a positive move, with target prices adjusted accordingly.

Paytm Sells Ticketing Business to Zomato Amid Challenges - 22 Aug, 2024

One 97 Communications (Paytm) sold its entertainment ticketing business to Zomato for ₹2,048 crore, leading to a temporary share price increase followed by a decline. The sale aims to strengthen Paytm's focus on core operations after regulatory scrutiny from the RBI.

Paytm Implements Salary Cuts, Sells Ticketing Business - 21 Aug, 2024

One 97 Communications, parent of Paytm, caps board salaries amid losses, refocuses on profitability, and sells its entertainment ticketing business to Zomato for Rs 2,048 crore.

Bernstein Projects Profitability for Paytm by 2027 - 19 Aug, 2024

Bernstein forecasts that One 97 Communications Ltd (Paytm) may achieve profitability by 2026-27, setting a target price of Rs 600 per share. The report emphasizes potential acquisition scenarios and the need for strategic growth in lending products and cost reduction.