Paytm share price

2023 - 1 - 13

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Image courtesy of "India Today"

Explained: Why Paytm shares tumbled over 6% today (India Today)

By India Today Web Desk: Shares of One97 Communications Limited (OCL), the parent company of homegrown fintech giant Paytm, fell over six per cent on ...

Alibaba, which held a 6.26 per cent stake in Paytm as of September end, sold the stake at Rs 536.95 apiece. However, the company’s shares continue to trade much lower than its original listing price and ended 2022 with a 60% loss, despite the company announcing a share buyback last month. [By India Today Web Desk](/author/india-today-web-desk): Shares of One97 Communications Limited (OCL), the parent company of homegrown fintech giant Paytm, fell over six per cent on Thursday.

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Image courtesy of "Economic Times"

Paytm shares down 9% as Alibaba sells 3% stake in large block deal (Economic Times)

BSE data showed that a large block deal took place in the second half of the day leading to a spurt in volume by over 19.25 times.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). In the case of Paytm, the company is on the fastrack to profitability, and has been delivering good business updates," he said. This would benefit them in FDI and as the company is already on path to profitability, this will further allay investor concerns," Avinash Gorakshakar, Head Research, Profitmart Securities, said. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. "Alibaba seems to be on the exit move from India as it has sold shares in its major investments like BigBasket, Zomato and Paytm. “Apart from banks, Paytm should be a key beneficiary of the above.

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Image courtesy of "CNBCTV18"

Paytm shares fall for the first time in 10 days after 3.1% equity ... (CNBCTV18)

Shares of One 97 Communications Ltd., parent of payments company Paytm fell as much as 8 percent on Thursday after 2 crore shares exchanged hands in a ...

Paytm shares have been under the stress of market bears since its listing on NSE and BSE in November 2021. The average monthly transacting users for the December quarter was 85 million, up 32 percent from the year-ago quarter. Based on the latest shareholding patter, Ant Financial holds 25 percent stake in Paytm.

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Image courtesy of "Zee Business"

Paytm shares in tailspin after series of block deals (Zee Business)

Paytm share price: This is the steepest fall in Paytm share price since November 22 when the stock sank 12 per cent. Get more Markets News and Business News ...

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Image courtesy of "Business Today"

Paytm shares plunge 9% today amid reports of bulk deals. Full details (Business Today)

Paytm recently said its total merchant gross merchandise value (GMV) processed through its platform aggregated to Rs 3.46 lakh crore ($42 billion) in ...

The company disbursed Rs 3,665 crore or ($443 million) worth of loans for the month, Paytm said. This brokearge expects Ebitda loss for Paytm declining to Rs 488.10 crore. As per CNBC-Awaaz, Alibaba has sold stake in Paytm worth Rs 1,126 crore via bulk deals. Alibaba may have sold 2 crore shares in Paytm today via bulk deals, CNBC-Awaaz said quoting sources. It later recovered some ground but was still down 5.76 per cent at Rs 546.10. Shares of One 97 Communications (Paytm) tanked nearly 9 per cent in Thursday's trade amid reports the counter witnessed Rs 1,126 crore worth bulk deals earlier today.

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Image courtesy of "Moneycontrol.com"

Paytm suffers steep 9% decline after Alibaba affiliate's likely sell of 2 ... (Moneycontrol.com)

Around 19.20 million shares, or 3 percent stake, of One97 Communications Ltd changed hands this morning · Paytm shares tank after block deal with Alibaba ...

The number of shares bought back will be 10.5 million at the maximum buyback price of Rs 810, representing 1.6 percent of the paid-up share capital. Meanwhile, had invested in Paytm in 2015 at an average cost of acquisition of Rs 330. Gross merchandise value processed through the platform saw a 38 percent growth year-on-year in December to Rs 3.64 lakh crore. For the December quarter, its total disbursements jumped 357 percent to Rs 9,958 crore. Ant Financial, as of September 2022, held 164.42 million shares or 24.88 percent stake in the company. The stock suffered its steepest fall since November 22 to Rs 528 a share on Thursday.

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Image courtesy of "BQ Prime"

Paytm Shares Drop After 3% Equity Changes Hands In Large Trade (BQ Prime)

Shares of One 97 Communications Ltd. fell on Thursday after a large trade. According to Bloomberg, at least 192 lakh shares or 3% equity changed hands in a ...

At least 192 lakh shares or 3% equity changed hands in a bunched trade, according to Bloomberg. According to Bloomberg, at least 192 lakh shares or 3% equity changed hands in a bunched trade. Paytm Shares Drop After 3% Equity Changes Hands In Large Trade

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Image courtesy of "Zee Business"

Technical Check: Paytm share price in weak territory; should you buy? (Zee Business)

Technically chart does not show an appreciable improvement, market expert Kunal Saraogi said. Though there is a pullback from lower levels the structure ...

The third-party service providers that generate these cookies, such as, social media platforms, have their own privacy policies, and may use their cookies to target advertisement to you on other websites, based on your visit to our sites. These cookies collect information about your activities on our sites as well as other sites to provide you targeted advertising. However, this will not prevent the sites from placing further cookies on your device unless and until you adjust your Internet browser setting as described above. If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. Without these essential cookies we may not be able to provide certain services or features and our site will not perform as smoothly for you as we would like. We use persistent cookies to improve your experience of using the sites. However, if you select this setting you may be unable to access certain parts of the sites. Zeenews.com use cookies and other technologies to store information in your web browser or on your mobile phone, tablet, computer, or other devices (collectively "devices") that allow us to store and receive certain pieces of information whenever you use or interact with our zeenews.india.com applications and sites. These third-party service providers use persistent Cookies to help us improve user experience, manage our site content, and analyse how users navigate and utilize the sites. A cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. Likewise, if you share any content on this website through social networks (for example by clicking a Facebook “like” button or a “Tweet” button) you may be sent cookies from these websites. zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use.

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Image courtesy of "Economic Times"

Alibaba Group sells 3% stake in Paytm parent for Rs 1031 crore (Economic Times)

The group, through its entity Alibaba.com Singapore E-Commerce, sold 1,92,00000 shares of the company at Rs 536.95 a share, bulk deals data showed.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). The stake sale at such a steep discount dragged down the stock sharply in trade on Thursday. In the last few months, several large global funds have sold stakes in many of the highly-valued new-age technology companies. The group, through its entity Alibaba.com Singapore E-Commerce, sold 1,92,00,000 shares of the company at Rs 536.95 a share, bulk deals data showed. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The group sold the stake at a steep discount of over 7% to Wednesday’s closing price of Rs 579.15.

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Paytm shares nosedive 6% on Alibaba block deal, but there's a ... (Livemint)

Alibaba seems to be making an exit from India as it has already sold certain shares in other investments such as BigBasket and Zomato.

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