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One97 Communications trades higher on launching Card Soundbox One97 Communications is currently trading at Rs. 869.30, up by 12.50 points or 1.46% from its previous closing of Rs. 856.80 on the BSE. The scrip opened at Rs. 863.05 and has touched a high and low of Rs. 874.70 and Rs. 863.05 respectively. So far 109674 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 939.00 on 25-Aug-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One97 Communications trades higher on launching Card Soundbox
One97 Communications trades higher on launching Card Soundbox
Source: Accord Fintech
5/09/2023 12:22:56 PM
One97 Communications surges on reporting 19% rise in Average monthly transacting users in July One97 Communications is currently trading at Rs. 790.70, up by 23.35 points or 3.04% from its previous closing of Rs. 767.35 on the BSE. The scrip opened at Rs. 785.00 and has touched a high and low of Rs. 797.00 and Rs. 776.50 respectively. So far 72902 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 915.00 on 19-Jun-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip st...
One97 Communications surges on reporting 19% rise in Average monthly transacting users in July
One97 Communications surges on reporting 19% rise in Average monthly transacting users in July
Source: Accord Fintech
4/08/2023 12:14:38 PM
Buy One 97 Communications Ltd For Target Rs. 1,055 - ICICI Securities Ltd One97 Communications’ (Paytm) Q1FY24 results yielded three key trends: (1) increase in margins on payments; (2) lower take rates in financial services, but continued improvement in asset quality; and (3) increase in fixed costs. The overarching strategy of growth in payments and credit distribution (without FLDG) remains intact and will only likely be boosted by partner addition and improving penetration within the ecosystem. Positive levers can come from expansion of credit partners (l...
Buy One 97 Communications Ltd For Target Rs. 1,055 - ICICI Securities Ltd
Buy One 97 Communications Ltd For Target Rs. 1,055 - ICICI Securities Ltd
Source: ICICI Securities Ltd
25/07/2023 2:30:29 PM
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24 India’s leading payments and financial services company Paytm has shown yet another impressive quarterly growth, registering a bumper revenue uptick of 39 per cent YoY, taking its revenue to Rs 2,342 crore in Q1FY24. This was achieved by increase in GMV, merchant subscription revenues, and growth of loans registered on the platform.  Paytm’s EBITDA before ESOP saw a significant improvement of Rs 359 crore YoY to Rs 84 crore, compared to Rs 52 crore in Q4FY23 (excluding the...
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24
Paytm scores profit for three straight quarters; posts revenue of Rs 2,342 cr, growth of 39% YoY in Q1FY24
Source: IANS
22/07/2023 9:03:10 AM
One 97 Communications jumps on posting 37% growth in GMV during first quarter of FY24 One97 Communications is currently trading at Rs. 851.45, up by 14.20 points or 1.70% from its previous closing of Rs. 837.25 on the BSE. The scrip opened at Rs. 846.10 and has touched a high and low of Rs. 861.90 and Rs. 846.10 respectively. So far 167601 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 915.00 on 19-Jun-2023 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One 97 Communications jumps on posting 37% growth in GMV during first quarter of FY24
One 97 Communications jumps on posting 37% growth in GMV during first quarter of FY24
Source: Accord Fintech
5/07/2023 2:36:24 PM
Buy One 97 Communications Ltd For Target Rs. 1,050 - Motilal Oswal Financial Services Raising GMV & Disbursement projections by 4-21% On track to achieve EBITDA breakeven in 2HFY25; reiterate Buy * Paytm’s stock has delivered healthy returns of 34%, since we initiated coverage in Apr’23. The lending business has demonstrated robust traction in loan disbursals with the total number of loans disbursed surging 4.6x YoY in FY23 (4.4x in FY22). * Business momentum remains robust with gross merchandise value (GMV) growing 35% YoY to INR2.65t during Apr-May&r...
Buy One 97 Communications Ltd For Target Rs. 1,050 - Motilal Oswal Financial Services
Buy One 97 Communications Ltd For Target Rs. 1,050 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
3/07/2023 12:41:53 PM
Buy One 97 Communications Ltd For Target Rs. 855 - JM Financial Institutional Securities Paytm reported another strong quarter with positive Adj. EBITDA further aided by UPI incentive of INR 1.9bn received during the year. Payment services revenue (adj for UPI incentive) grew +7% QoQ/+23% YoY with net payments yields improving slightly to 14bps (+1bps QoQ). Management continues to indicate that payments yields are expected to decline in the medium term with rising share of lower yielding UPI (payment processing margins to stabilize at 5-7bps vs 7-9bps now). Financial services rev...
Buy One 97 Communications Ltd For Target Rs. 855 - JM Financial Institutional Securities
Buy One 97 Communications Ltd For Target Rs. 855 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
11/05/2023 2:08:43 PM
Neutral One 97 Communications Ltd For Target Rs. 750 - Yes Securities Result Highlights * Revenue from operations: Revenue at Rs 23,345mn was up 13.2%/51.5% QoQ/YoY, sequentially driven by Payment services to Merchants * Payment processing charges: Payment proc. charges were up 5.8%/0.8% QoQ/YoY and were 54.1% of Payments Serv. Rev., down -988/-2029 bps QoQ/YoY * Contribution profit: Contribution profit at Rs 12,830mn was up 22.4%/138% QoQ/YoY, translating to a Contribution margin of 55%, up 415bps QoQ * Expenses (excl Payment proc. charges): Total expens...
Neutral One 97 Communications Ltd For Target Rs. 750 - Yes Securities
Neutral One 97 Communications Ltd For Target Rs. 750 - Yes Securities
Source: Yes Securities
11/05/2023 12:43:47 PM
One97 Communications zooms after its consolidated net loss narrows to Rs 167.50 crore in Q4 One97 Communications is currently trading at Rs. 721.40, up by 31.95 points or 4.63% from its previous closing of Rs. 689.45 on the BSE. The scrip opened at Rs. 698.00 and has touched a high and low of Rs. 726.90 and Rs. 697.55 respectively. So far 359007 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 844.40 on 08-Aug-2022 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip s...
One97 Communications zooms after its consolidated net loss narrows to Rs 167.50 crore in Q4
One97 Communications zooms after its consolidated net loss narrows to Rs 167.50 crore in Q4
Source: Accord Fintech
8/05/2023 12:47:24 PM
India`s Paytm focused on reaching financial milestone `in near future` - CEO Indian digital payments firm Paytm aims to become "free cashflow positive in the near future," chief executive Vijay Shekhar Sharma said in a letter to shareholders on Sunday. "This has been possible by disciplined resource allocation and focusing on what has become our core revenue and growth driver - payments and financial services distribution business," he said. Positive free cash flow is when a company has sufficient funds to invest back into the business for gr...
India`s Paytm focused on reaching financial milestone `in near future` - CEO
India`s Paytm focused on reaching financial milestone `in near future` - CEO
Source: Reuters
8/05/2023 9:06:15 AM
Paytm Travel Carnival offers exciting discounts on flights, buses, trains One97 Communications Limited (OCL), that owns India's leading payments and financial services company Paytm, on Wednesday announced 'Paytm Travel Carnival' from May 1-5. With this sale, users will be able to book flight, train and bus tickets for the summer holiday season through Paytm app and get attractive discounts, said the company. The carnival will see participation from major airlines -- IndiGo, SpiceJet, GoFirst, Vistara, Akasa Air, AirAsia, and Air India. The com...
Paytm Travel Carnival offers exciting discounts on flights, buses, trains
Paytm Travel Carnival offers exciting discounts on flights, buses, trains
Source: IANS
3/05/2023 3:17:52 PM
Buy One 97 Communications Ltd For Target Rs. 865 - Motilal Oswal Financial Services Two-pronged strategy to drive profitability | EBITDA to break-even in FY25E * Scale matters: One 97 Communications Ltd (Paytm) is India’s leading payments app and FinTech enterprise offering payments, financial services, commerce, and cloud services to its large consumer/merchant base of ~350m/ ~31.4m, respectively as on 3QFY23. It is among the largest payments platform, with GMV of ~INR13.2t in FY23 (INR8.5t in FY22). * Huge cross-sell opportunity: The company has grown its Month...
Buy One 97 Communications Ltd For Target Rs. 865 - Motilal Oswal Financial Services
Buy One 97 Communications Ltd For Target Rs. 865 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
20/04/2023 11:25:19 AM
Buy One 97 Communications (Paytm) Ltd For Target Rs. 600- Yes Securities Result Highlights * Revenue from operations: Revenue at Rs 20,622mn was up 7.7%/41.6% QoQ/YoY, sequentially driven by Financial Services and Commerce businesses * Payment processing charges: Payment proc. charges were down -1.1%/-5.8% QoQ/YoY and were 64% of Payments Serv. Rev., up/down 41/-1498 bps QoQ/YoY * Contribution profit: Contribution profit at Rs 10,480mn was up 24.3%/131% QoQ/YoY, translating to a Contribution margin of 50.8%, up 678bps QoQ * Expenses (excl Payment proc....
Buy One 97 Communications (Paytm) Ltd For Target Rs. 600- Yes Securities
Buy One 97 Communications (Paytm) Ltd For Target Rs. 600- Yes Securities
Source: Yes Securities
15/03/2023 2:34:19 PM
Paytm deployed Mahashivratri special QR codes at 9 Jyotirlingas, Haridwar enabling devotees to pay digitally via Paytm UPI at holy pilgrimage sites * Offers consumers the flexibility of payments with Paytm Wallet, Paytm UPI LITE, Paytm UPI, Paytm Postpaid, debit and credit cards and netbanking * Paytm is a leader in offline payments in India, with the largest merchant base of over 31 million One97 Communications Limited (OCL) that owns the brand Paytm, celebrated Mahashivratri, one of the most important festivals in India, by deploying special QR codes at 9 Jyotirlingas and nearby temple areas in the country. The pioneer of QR and ...
Paytm deployed Mahashivratri special QR codes at 9 Jyotirlingas, Haridwar enabling devotees to pay digitally via Paytm UPI at holy pilgrimage sites
Paytm deployed Mahashivratri special QR codes at 9 Jyotirlingas, Haridwar enabling devotees to pay digitally via Paytm UPI at holy pilgrimage sites
Source: PR Agency
22/02/2023 11:49:28 AM
Paytm announces first Travel Sale of 2023 from January 18-21; offers exciting discounts on flight bookings across Indigo, GoFirst, Vistara, Spicejet, AirAsia and Air India * Enables users to avail up to 15% off on domestic and up to 10% off on international flight ticket bookings through bank offers * Offers 25% discount on bus tickets, zero payment gateway charge on train tickets One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, has announced a Travel Sale from January 18-21. With this Travel Sale, users will get exciting discounts on flig...
Paytm announces first Travel Sale of 2023 from January 18-21; offers exciting discounts on flight bookings across Indigo, GoFirst, Vistara, Spicejet, AirAsia and Air India
Paytm announces first Travel Sale of 2023 from January 18-21; offers exciting discounts on flight bookings across Indigo, GoFirst, Vistara, Spicejet, AirAsia and Air India
Source: PR Agency
19/01/2023 5:20:46 PM
One97 Communications gains on getting approval for share buyback plan of Rs 850 crore One97 Communications is currently trading at Rs. 534.55, up by 5.40 points or 1.02% from its previous closing of Rs. 529.15 on the BSE. The scrip opened at Rs. 533.00 and has touched a high and low of Rs. 536.95 and Rs. 530.10 respectively. So far 98826 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1430.00 on 16-Dec-2021 and a 52 week low of Rs. 439.60 on 24-Nov-2022. Last one week high and low of the scrip st...
One97 Communications gains on getting approval for share buyback plan of Rs 850 crore
One97 Communications gains on getting approval for share buyback plan of Rs 850 crore
Source: Accord Fintech
15/12/2022 2:33:11 PM
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,285 - ICICI Securities Management expects positive FCF generation in 12-18 months; no onerous outcome of regulatory observations One 97 Communications (Paytm) during its analyst meet yesterday (1st Dec’22) reiterated its continued focus on improving profitability. Management stated that the journey to attain operating profitability (EBITDA before ESOP cost) via consistent margin improvement has exceeded its expectations in the past few quarters. It further emphasised its target to become an FCF-generating ...
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,285 - ICICI Securities
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,285 - ICICI Securities
Source: ICICI Securities Ltd
3/12/2022 12:14:02 PM
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,285 - ICICI Securities Revenue and margin profile steadily improving One 97 Communications (Paytm) continues to improve its revenue and margin profile, evident in narrowing of consolidated loss at Rs5.7bn in Q2FY23 (vs loss of Rs6.5bn in Q1FY23). The performance was characterised by 1) sustained lower processing charges and net payment margin improving a tad; 2) sharp acceleration in lending business with disbursements of Rs73bn; (3) enhanced contribution/adjusted-EBITDA (before ESOP cost) margin with higher fin...
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,285 - ICICI Securities
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,285 - ICICI Securities
Source: ICICI Securities Ltd
22/11/2022 2:07:01 PM
SoftBank sells 4.5% stake in India's Paytm for $200 million - sources SoftBank Group Corp on Thursday sold a 4.5% stake in Indian digital payments giant Paytm through block deals for $200 million, sources told Reuters, leading to a sharp fall in the shares of the Indian company. The deal was executed at 555.67 rupees, two people with direct knowledge of the matter said, the lower end of the planned price range of 555 rupees to 601.45 rupees that was listed in the transaction's term sheet reviewed by Reuters. SoftBank's sale of 29.35 million shares...
SoftBank sells 4.5% stake in India's Paytm for $200 million - sources
SoftBank sells 4.5% stake in India's Paytm for $200 million - sources
Source: Reuters
17/11/2022 10:24:40 AM
India`s Paytm parent One97 falls 10% on SoftBank stake sale report Shares of Paytm's parent One 97 Communications Ltd fell as much as 10% to their lowest since May after Reuters reported that SoftBank Group Corp will sell shares worth up to $215 million in the Indian e-payment platform. The stock is being sold in a range of 555 rupees to 601.45 rupees per share, according to a term sheet reviewed by Reuters.
India`s Paytm parent One97 falls 10% on SoftBank stake sale report
India`s Paytm parent One97 falls 10% on SoftBank stake sale report
Source: Reuters
17/11/2022 10:09:47 AM
Paytm disburses 3.4 million loans, total merchant subscription devices cross 5.1 million in OctOber Paytm disburses 3.4 million loans, total merchant subscription devices cross 5.1 million in Oct, Vijay Shekhar Sharma writes to shareholders, says co is building a scalable and profitable financial services business One97 Communications Limited (OCL) that owns the brand Paytm, India’s leading payments and financial services company and the pioneer of QR and mobile payments, today announced that in October it disbursed 3.4 million loans, y-o-y growth of 161%. The value of total loans ...
Paytm disburses 3.4 million loans, total merchant subscription devices cross 5.1 million in OctOber
Paytm disburses 3.4 million loans, total merchant subscription devices cross 5.1 million in OctOber
Source: PR Agency
14/11/2022 3:05:07 PM
Paytm gains as its loan distribution business scales up to 3.4 million loan disbursals in October 2022 One 97 Communications (Paytm) is currently trading at Rs. 641.20, up by 8.90 points or 1.41% from its previous closing of Rs. 632.30 on the BSE. The scrip opened at Rs. 640.00 and has touched a high and low of Rs. 654.00 and Rs. 639.50 respectively. So far 41093 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 511.00 on 12-May-2022. Last one week high and low of the...
Paytm gains as its loan distribution business scales up to 3.4 million loan disbursals in October 2022
Paytm gains as its loan distribution business scales up to 3.4 million loan disbursals in October 2022
Source: Accord Fintech
14/11/2022 11:43:50 AM
India`s Paytm posts rise in quarterly revenue as loan growth jumps  Indian digital payments firm Paytm reported a 76% jump in second-quarter revenue, helped in part by a surge in loan growth, while the company reiterated that it would turn profitable by September 2023. Paytm's parent, One 97 Communications Ltd, said revenue rose to 19.14 billion Indian rupees ($233.81 million) in the July-September quarter from 10.86 billion rupees a year earlier. Consolidated net loss widened to 5.71 billion rupees from a loss of 4.73 billion rupees a year ea...
India`s Paytm posts rise in quarterly revenue as loan growth jumps
India`s Paytm posts rise in quarterly revenue as loan growth jumps
Source: Reuters
8/11/2022 9:43:58 AM
One97 Communications gains on reporting 6 million loans disbursals in July-August 2022 One97 Communications is currently trading at Rs. 715.25, up by 6.65 points or 0.94% from its previous closing of Rs. 708.60 on the BSE. The scrip opened at Rs. 711.05 and has touched a high and low of Rs. 724.75 and Rs. 711.05 respectively. So far 42446 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 511.00 on 12-May-2022. Last one week high and low of the scrip st...
One97 Communications gains on reporting 6 million loans disbursals in July-August 2022
One97 Communications gains on reporting 6 million loans disbursals in July-August 2022
Source: Accord Fintech
6/09/2022 2:00:52 PM
Paytm slips 6% on questions over CEO reappointment, regulatory fears BENGALURU - Shares of India's digital payments firm Paytm fell 6.2% on Friday, hit by a proxy advisory firm's opposition to reappointment of its chief executive officer and the central bank's guidelines for digital lending apps. Institutional Investor Advisory Services has said it opposes the reappointment of Vijay Shekhar Sharma as CEO and managing director at the annual general meeting next week. "Vijay Shekhar Sharma has made several commitments in the past to m...
Paytm slips 6% on questions over CEO reappointment, regulatory fears
Paytm slips 6% on questions over CEO reappointment, regulatory fears
Source: Reuters
12/08/2022 11:49:07 AM
India's Paytm at near 6-month high as quarterly revenue surges Shares of Indian digital payments firm Paytm jumped more than 6% on Monday to their highest levels in nearly six months, after the company's parent firm One 97 Communications Ltd posted an 89% surge in its quarterly revenue. Higher number of monthly users, additional payment devices and more disbursal of loans lifted the company's revenue to 16.8 billion rupees ($211.16 million), from 8.91 billion rupees last year. Investors appeared to show scant response to the company's w...
India's Paytm at near 6-month high as quarterly revenue surges
India's Paytm at near 6-month high as quarterly revenue surges
Source: Accord Fintech
8/08/2022 2:31:47 PM
Paytm's revenue jumps 89% to Rs 1,680 crore in Q1 FY23 Digital financial services giant One97 Communications, that operates the brand Paytm, on Friday reported its Q1FY23 results, where it saw a massive jump in revenue from operations driven by strong monetiSation in payments, device subscriptions and accelerated adoption of high-margin businesses such as lending. In addition to 89 per cent Y-o-Y revenue growth to Rs 1,680 crore, the company also saw EBITDA (before ESOP) reduce to Rs 275 crore, an improvement of Rs 93 crore Q-o-Q. As a result,...
Paytm's revenue jumps 89% to Rs 1,680 crore in Q1 FY23
Paytm's revenue jumps 89% to Rs 1,680 crore in Q1 FY23
Source: IANS
6/08/2022 9:09:34 AM
One97 Communications surges as its Managing Director buys 1.7 lakh shares of company One97 Communications is currently trading at Rs. 646.40, up by 17.30 points or 2.75% from its previous closing of Rs. 629.10 on the BSE. The scrip opened at Rs. 642.00 and has touched a high and low of Rs. 653.15 and Rs. 620.00 respectively. So far 204413 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 511.00 on 12-May-2022. Last one week high and low of the scrip ...
One97 Communications surges as its Managing Director buys 1.7 lakh shares of company
One97 Communications surges as its Managing Director buys 1.7 lakh shares of company
Source: Accord Fintech
20/06/2022 3:42:44 PM
Update on One 97 Communications By Motilal Oswal Healthy traction in GMV and loan disbursements Average ticket size of loans disbursed increases due to scale-up in Personal loans PAYTM released its monthly update for May’22 highlighting the key business numbers. The key takeaways are as follows: * Total gross merchandise value (GMV) continued to gain traction as it clocked a robust growth (of 105% YoY) at INR1.96t for the two-months ended May’22. Sequential growth expectations remain encouraging, supported by an improve...
Update on One 97 Communications By Motilal Oswal
Update on One 97 Communications By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
16/06/2022 11:59:09 AM
Reduce One 97 Communications (Paytm) Ltd For Target Rs. 580 - Yes Securities Business trajectory admirable but longish runway still remains for bottomline profitability Result Highlights Revenue from operations: Revenue at Rs 15,409mn was up 5.8%/89% QoQ/YoY, driven by Payments Services to Merchants and Financial Services and Others Payment processing charges: Payment proc. charges were down/up -1.1%/52.2% QoQ/YoY and were 74.4% of Payments Serv. Rev., down -457/-1351 bps QoQ/YoY Contribution profit: Contribution profit at Rs 5,392mn was up 18.8%/210% QoQ/...
Reduce One 97 Communications (Paytm) Ltd For Target Rs. 580 - Yes Securities
Reduce One 97 Communications (Paytm) Ltd For Target Rs. 580 - Yes Securities
Source: Yes Securities Ltd
23/05/2022 1:08:22 PM
One97 Communications surges on forming joint venture general insurance company One97 Communications is currently trading at Rs. 596.50, up by 21.15 points or 3.68% from its previous closing of Rs. 575.35 on the BSE. The scrip opened at Rs. 552.40 and has touched a high and low of Rs. 603.65 and Rs. 552.40 respectively. So far 189180 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 511.00 on 12-May-2022. Last one week high and low of the scrip ...
One97 Communications surges on forming joint venture general insurance company
One97 Communications surges on forming joint venture general insurance company
Source: Accord Fintech
23/05/2022 10:52:36 AM
Paytm FY22 results: Revenue jumps 77% to Rs 4,974 cr, losses reduce 8% to Rs 1,518 cr One97 Communications Limited (OCL) that owns the brand Paytm, Indias leading mobile payments and financial services company, announced its quarter-ending March 2022 and full financial year FY22 results. The company saw its revenue jump by 77 per cent in FY22 to Rs 4,974 crore from Rs 2,802 crore the previous year. In Q4 alone, the company's revenue grew 89% on a year-on-year basis to Rs 1,541 crore, while EBITDA (before ESOPs) for the quarter improved 12 per cent year-on-year. The g...
Paytm FY22 results: Revenue jumps 77% to Rs 4,974 cr, losses reduce 8% to Rs 1,518 cr
Paytm FY22 results: Revenue jumps 77% to Rs 4,974 cr, losses reduce 8% to Rs 1,518 cr
Source: IANS
21/05/2022 1:46:11 PM
Key News -Jet Airways Ltd, One97 Communications Ltd, Adani group , Amazon, Airtel Ltd, Godrej Properties Ltd, By ARETE Securities Jet Airways conducts first set of three proving flights Jet Airways on Sunday conducted the first set of three proving flights with 18 people, including officials of the aviation regulator DGCA, on board the aircraft, sources said. The second set of two proving flights will be operated by Jet Airways on Tuesday, they said. Proving flights is the last step for the airline to obtain the air operator certificate (AOC).   Paytm lending business records annualised run-rate of Rs 20,0...
Key News -Jet Airways Ltd, One97 Communications Ltd, Adani group , Amazon, Airtel Ltd, Godrej Properties Ltd, By ARETE Securities
Key News -Jet Airways Ltd, One97 Communications Ltd, Adani group , Amazon, Airtel Ltd, Godrej Properties Ltd, By ARETE Securities
Source: ARETE Securities Ltd
16/05/2022 10:25:52 AM
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,352 - ICICI Securities Optimising and monetising user funnel to drive customer lifetime value One 97 Communications’ (OCL or Paytm used interchangeably in the report) twosided digital ecosystem of 64.4mn average monthly transacting users (MTUs) (as at Dec’21) from >350mn consumer base and over 24.9mn merchants is core to its unit economics. Estimating that it currently generates revenue of Rs350-375 per MTU and Rs1.0k-1.1k per merchant and incurs direct cost (of acquisition and transaction) of Rs2...
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,352 - ICICI Securities
Buy One 97 Communications (Paytm) Ltd For Target Rs. 1,352 - ICICI Securities
Source: ICICI Securities Ltd
13/04/2022 2:23:02 PM
One 97 Communications trades in green on the bourses One97 Communications is currently trading at Rs. 693.35, up by 4.75 points or 0.69% from its previous closing of Rs. 688.60 on the BSE. The scrip opened at Rs. 690.00 and has touched a high and low of Rs. 719.40 and Rs. 679.00 respectively. So far 1537458 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 520.00 on 23-Mar-2022. Last one week high and low of the scrip ...
One 97 Communications trades in green on the bourses
One 97 Communications trades in green on the bourses
Source: Accord Fintech
12/04/2022 2:18:41 PM
Update on One 97 Communications By Motilal Oswal Sustained robust growth in GMV and loan disbursements Broad-based traction in key business lines through payments, lending and device deployment One 97 Communications Ltd (Paytm) released its quarterly update highlighting the key business numbers for 4QFY22. The key takeaways are as follows: * The total gross merchandise value (GMV) continued to gain traction in 4QFY22 with 104% YoY growth to INR2.59t. Further, the sequential growth of 4% was encouraging, given the impact of festiv...
Update on One 97 Communications By Motilal Oswal
Update on One 97 Communications By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
9/04/2022 10:26:54 AM
One 97 Communications zooms as its GMV records over 104% growth in Q4FY22 One 97 Communications is currently trading at Rs. 634.80, up by 25.50 points or 4.19% from its previous closing of Rs. 609.30 on the BSE. The scrip opened at Rs. 602.55 and has touched a high and low of Rs. 648.95 and Rs. 594.95 respectively. So far 1150736 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 520.00 on 23-Mar-2022. Last one week high and low of the scri...
One 97 Communications zooms as its GMV records over 104% growth in Q4FY22
One 97 Communications zooms as its GMV records over 104% growth in Q4FY22
Source: Accord Fintech
6/04/2022 2:47:52 PM
OCL shareholders fully approve its related party transactions with Paytm Payments Bank One97 Communications Limited (OCL) recently shared its postal ballot results with stock exchanges, where two resolutions were passed. The two resolutions - approval of material related party transactions with its associate Paytm Payments Bank Limited (PPBL) and approval for right to nominate Directors as required under Article 113 of Article of Association of the Company - found the support of its shareholders. OCL and PPBL material related party transactions got over 71 per cent approv...
OCL shareholders fully approve its related party transactions with Paytm Payments Bank
OCL shareholders fully approve its related party transactions with Paytm Payments Bank
Source: IANS
3/04/2022 2:09:27 PM
Paytm appoints Anuj Mittal for Investor Relations, Co remains focussed on driving growth, revenue & profitability India's leading digital payments and financial services company, One 97 Communications Limited ('OCL') that owns the brand Paytm has appointed Anuj Mittal as Vice President, Investor Relations as part of the company's continued commitment to building a strong team with demonstrated leadership skills in the financial sector. With his appointment, Anuj joins a long list of business leaders who are a part of the Paytm's management team that contributes to the company's...
Paytm appoints Anuj Mittal for Investor Relations, Co remains focussed on driving growth, revenue & profitability
Paytm appoints Anuj Mittal for Investor Relations, Co remains focussed on driving growth, revenue & profitability
Source: IANS
29/03/2022 12:25:15 PM
Paytm shares slump after cenbank bars payments bank from signing up new customers BENGALURU - Shares of Indian digital payments firm Paytm, formally known as One97 Communications, tumbled more than 13% on Monday, after the central bank barred the company's payments bank from taking on new customers and ordered an audit of its IT systems. The Reserve Bank of India (RBI) said on Friday it would allow Paytm Payments Bank to take on new customers subject to specific permission after reviewing the IT auditor's report. Paytm Payments Bank had received the central b...
Paytm shares slump after cenbank bars payments bank from signing up new customers
Paytm shares slump after cenbank bars payments bank from signing up new customers
Source: Reuters
14/03/2022 11:15:25 AM
Paytm logs new record in lending business, strengthens payments leadership One97 Communications Limited (OCL) that owns the brand Paytm, India's leading digital payments and financial services company, on Tuesday shared its business updates for January, 2022. The company has witnessed accelerated growth in its lending business, while it further deepens its leadership in the offline payments segment, which has resulted in the highest ever growth in Monthly Transacting Users and continued growth in its GMV. Paytm spokesperson said, "Paytm is witnessing a b...
Paytm logs new record in lending business, strengthens payments leadership
Paytm logs new record in lending business, strengthens payments leadership
Source: Accord Fintech
15/02/2022 12:01:23 PM
Paytm Q3 results: Revenue up by 89% to Rs 1,456cr, losses reducing while financial services ramps up rapidly One97 Communications Limited, which Paytm, Indias leading digital payments and financial services company, has shared its Q3 FY2022 results. During the October-December quarter, the company saw its revenues jump by 89 per cent y-o-y to Rs 1,456 crore, EBITDA losses (before ESOP expense) came down to Rs 393 crore from Rs 488 crore during the same quarter in the previous year. This revenue increase was led by high monetization and growth in merchant payments through MDR bearing instruments, ...
Paytm Q3 results: Revenue up by 89% to Rs 1,456cr, losses reducing while financial services ramps up rapidly
Paytm Q3 results: Revenue up by 89% to Rs 1,456cr, losses reducing while financial services ramps up rapidly
Source: IANS
5/02/2022 3:12:57 PM
Update On One 97 Communications Ltd By Motilal Oswal Robust growth in GMV and loan disbursals continues One 97 Communications Ltd (Paytm) released its monthly update highlighting key business numbers for Nov’21. The following are the takeaways: * The total gross merchandise value (GMV) continued to grow strongly, maintaining robust traction over Oct–Nov’21. Total GMV grew 127% YoY to INR834b in Nov’21 (129% YoY to INR1.7t over 2M of 3QFY22). * Average Monthly Transacting Users (MTU) grew 36% YoY to 63.2m over 2M...
Update On One 97 Communications Ltd By Motilal Oswal
Update On One 97 Communications Ltd By Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
14/12/2021 10:17:17 AM
IPO Note - One 97 Communications Limited (Paytm) By GEPL Capital Company Background One97 Communications Limited (“Paytm”) was incorporated on December 22, 2000. The company is India’s leading digital ecosystem for consumers and merchants. Paytm offers ‘Payment Services’, ‘Commerce and Cloud Services’, and ‘Financial Services’ to 33.3 crore consumers and over 2.18 crore merchants registered with them, as of June 30, 2021. Their 2-sided (consumer and merchant) ecosystem enables commerce, and provides ...
IPO Note - One 97 Communications Limited (Paytm) By GEPL Capital
IPO Note - One 97 Communications Limited (Paytm) By GEPL Capital
Source: GEPL Capital
8/11/2021 11:59:12 AM
IPO Note - One 97 Communications Ltd (Paytm) By Nirmal Bang BACKGROUND Paytm (One 97 Communications) was launched in 2009 as a “mobile-first” digital payments platform. Paytm offers products and services across “payment services”, “commerce and cloud services” and “financial services”. The two-sided (consumer and merchant) ecosystem enables commerce, and provides access to financial services through its financial institution partners, by leveraging technology to benefit consumers as well as merchants ...
IPO Note - One 97 Communications Ltd (Paytm) By Nirmal Bang
IPO Note - One 97 Communications Ltd (Paytm) By Nirmal Bang
Source: Nirmal Bang Ltd
8/11/2021 11:53:13 AM
One 97 Communications coming with an IPO to raise upto Rs 18,916 crore One 97 Communications One 97 Communications is coming out with a 100% book building; initial public offering (IPO) of 8,79,80,769 shares of Rs 1 each in a price band Rs 2080- 2150 per equity share. Not less than 75% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not more than 10% of the issue will be available for the non-institutional bidders and the remaining 15% for the retail investors. The issue...
One 97 Communications coming with an IPO to raise upto Rs 18,916 crore
One 97 Communications coming with an IPO to raise upto Rs 18,916 crore
Source: Accord Fintech
3/11/2021 2:44:44 PM
Quote on One 97 Communications Ltd (Paytm) IPO By Mr. Jyoti Roy, Angel One Ltd Below is quote on One 97 Communications Ltd (Paytm) IPO By Mr. Jyoti Roy - DVP- Equity Strategist, Angel One Ltd One 97 Communications Ltd. (PAytm) is coming out with an IPO of Rs. 18,300 crore at a price band of Rs. 2,080-2,150. The IPO will consist of an offer for sale of Rs. 10,000 crore and fresh issue of Rs 8,300 crores. The issue opens on 8th Nov 2021 and closes on 10th Nov 2021. Incorporat...
Quote on One 97 Communications Ltd (Paytm) IPO By Mr. Jyoti Roy, Angel One Ltd
Quote on One 97 Communications Ltd (Paytm) IPO By Mr. Jyoti Roy, Angel One Ltd
Source: Angel One Ltd
3/11/2021 2:40:57 PM
IPO Note - One97 Communications Ltd (Paytm) By Swastika Investmart Incorporated in 2000, One97 Communications Limited (‚Paytm‛) is India’s leading digital ecosystem for consumers and merchants. Paytm offers ‘Payment Services’, ‘Commerce and Cloud Services’, and ‘Financial Services’ to 33.3 crore consumers and over 2.18 crore merchants registered with them, as of June 30, 2021. Their 2-sided (consumer and merchant) ecosystem enables commerce, and provides access to financial services, by leveraging technology to...
IPO Note - One97 Communications Ltd (Paytm) By Swastika Investmart
IPO Note - One97 Communications Ltd (Paytm) By Swastika Investmart
Source: Swastika Investmart Ltd
2/11/2021 5:13:37 PM