Effective Monday (February 5), the new cap is set at 10%, down from the prior 20%. This decision trails a staggering $2 Bn plunge in Paytm's valuation, triggered by intensified regulatory scrutiny ...
According to Macquarie, PhonePe's proposed listing will be watched closely for its potential read-through on Paytm's (One 97 Communications) valuation and near-term re-rating ...
Paytm’s stock has ended in seven out of the last nine trading session and is up 42% on a year-to-date basis The rally in Paytm share prices came a day after brokerage UBS raised its price target for ...
April proved to be a good month for the Indian equity markets, as both mutual funds and foreign investors ploughed in significant funds, sending the benchmark indices — Sensex and Nifty — 4% higher.
Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last week looks to have had a ...
Axis Securities has noted that Samvat 2081 was marked by volatility and relative underperformance, with Indian equities trailing global and emerging markets for the first time since the Covid era.