PAYTM SHARE CRASH

Retail investor's shareholding went up by 168 bps from 12.85% to 14.53% sequentially while Non-Resident Indians (NRIs) also saw an increase from 0.67% to 0.85%.

Small and midcap stocks logged their worst week in 15 months on rising concerns of froth in the segments and as stress test results indicated a disparity in the durations that funds would take to liquify their portfolios. The small and midcaps dropp...

Shares of Paytm's parent company, One 97 Communications, rose 5% after hitting all-time low levels due to the RBI banning Paytm Payments Bank. Experts advise retail investors to stay away from the stock. Macquarie sees the stock slumping furthr.

Shares of One 97 Communications fell 5% after ED questioned Paytm Payments Bank officials over alleged FEMA violations. Paytm has lost 57% in value since RBI banned the payments bank. Macquarie sees stock slumping to Rs 275, says Suresh Ganapathy.

Global broking firm Macquarie, which has shared a love-hate relationship with Paytm stock, has downgraded the new-age stock to underperform with a target price going as low as Rs 275.

Paytm shares fell 8.7% to Rs 385.75 on BSE after Macquarie downgraded the company with a reduced target price of Rs 275 in the base case scenario. Following a ban on Paytm Payments Bank, RBI Governor Shaktikanta Das stated that there is limited scop...

Ever since the RBI ban was issued on January 31st evening, Paytm shares have so far tumbled 46%. Barring the two days of relief rally, which might have left many buy-the-dip investors trapped, the stock has been on a downhill trajectory with investo...

SoftBank has been offloading Paytm shares regularly since at least November 2022 through last month, according to a Bloomberg analysis of company filings. The Japanese investor’s stake in Paytm was around 5% as of January, compared with a roughly 18...

Zoho is the first enterprise Saas player to get the payment aggregator nod from the RBI, joining the likes of Razorpay, Cashfree, Zomato and others.

Following three days of non-stop selling in lower circuits which led to 42% crash in the stock, Paytm shares ended 3% higher yesterday. At this stage, Paytm shares are solely guided by investor sentiment around the regulatory trouble and Indian fint...

Fino Payments Bank shares, which competes with Paytm, hit the 20% upper circuit limit at Rs 372.30. Jio Financial or JFSL shares rallied 16% to hit a fresh high of Rs 295 after a newspaper reported that One97 Communications is in talks with Jio to s...

Fintech major Paytm has been facing an existential crisis ever since the RBI barred the payment bank from accepting any deposits or credits to customer accounts. The regulator is also said to be considering cancelling the banking licence as well on ...

Shares of Paytm fell 10% due to regulatory crisis and investigation by the Directorate of Enforcement. The stock has lost 42.4% of its value in the last 3 trading sessions. Experts advise against bottom fishing. Paytm Payments Bank faces an existent...

The key takeaway is that large-cap stocks seem stable, but are not immune to sudden dips. Panic can play a role, but it’s crucial to remember the inherent strength and momentum of these companies. Don’t let short-term fluctuations, especially during...

Stock exchanges BSE and NSE have revised the circuit limits for Paytm parent company One97 Communications following a steep price crash caused by RBI's crackdown on Paytm Payments Bank. The circuit limits have been changed to 10%, and the stock cann...

Sharma has put up a brave face even as nervous investors plundered $2 billion off Paytm's valuation after India's central bank ordered his banking arm to stop most of it operations from March 1 for "persistent non-compliances" and "supervisory conce...

Shares of fintech major One 97 Communications, which runs Paytm, crashed 20% on BSE following RBI's ban on Paytm Payments Bank. The queue of sellers grew longer as the stock opened in the lower circuit. Last year, Berkshire Hathway sold its stake in...

RBI imposes restrictions on Paytm Payments Bank, leading to downgrades by brokerages like Jefferies. Jefferies cuts target price to Rs 500 per share, citing reputational risks. Macquarie highlights serious implications of RBI ban on Paytm's ability ...

Shares of Paytm, owned by One 97 Communications, crashed 20% on BSE after the RBI directed Paytm Payments Bank to halt new credit and deposit operations. Jefferies, a global broking firm, downgraded Paytm and highlighted the impact on Paytm's wallet...