Paytm Share Price Update: On the last trading day, Paytm shares opened at ₹353.25, reached a high of ₹354, and closed at ₹356.2 with a low of ₹339. This closing price marks a significant increase of 4.58% from the previous day’s closing of ₹340.95. The market capitalization for Paytm at the end of the trading day stood at ₹21,677.35 crore. Over the past 52 weeks, Paytm’s share price has experienced highs of ₹998.3 and lows of ₹310. The trading volume on the Bombay Stock Exchange (BSE) for Paytm was 223,140 shares traded.
Paytm Share Price Update Shareholding Information
In the latest quarter, Paytm’s shareholding composition has shown notable changes. Mutual Fund (MF) holdings decreased significantly from 0.40% to 0.04%, indicating a shift in investment strategy or reallocation of assets. Conversely, Foreign Institutional Investor (FII) holdings increased from 18.64% to 20.64%, reflecting growing international interest in Paytm’s stock.
Return Metrics and Efficiency
Paytm’s return metrics indicate some challenges in recent performance. The Return on Equity (ROE) for the most recent fiscal year was -10.76%, while the Return on Investment (ROI) was -10.48%. Consensus estimates suggest improvements with projected ROE for the current and upcoming fiscal years at -9.42% and -4.44%, respectively. These metrics are crucial for understanding Paytm’s efficiency in generating profits relative to shareholders’ equity and overall investment.
Financial Performance Analysis
Paytm has experienced significant fluctuations in its financial performance. Over the last three years, the Earnings Per Share (EPS) saw a dramatic decrease of -99999.99%, while revenue increased by 52.70%. In the most recent twelve months, Paytm generated a revenue of ₹99778.00 crore, slightly higher than the previous fiscal year’s revenue. Looking ahead, projections indicate a potential revenue growth of 2.87% and a profit growth of 136.61% for the upcoming fourth quarter.
Analyst Ratings and Price Targets
The consensus among analysts is to Hold Paytm shares. The median price target is ₹555.0, which is 55.66% higher than the current market price. The lowest target price among analyst estimates is ₹275.0, and the highest is ₹1320.0. These estimates are based on the expected performance over the next year.
Here is the recent analyst recommendation trend:
- Strong Buy: 2 (current), 3 (1 week ago), 3 (1 month ago), 4 (3 months ago)
- Buy: 2 (current), 1 (1 week ago), 1 (1 month ago), 1 (3 months ago)
- Hold: 5 (current), 4 (1 week ago), 4 (1 month ago), 3 (3 months ago)
- Sell: 4 (current), 4 (1 week ago), 3 (1 month ago), 2 (3 months ago)
- Strong Sell: 3 (current), 3 (1 week ago), 3 (1 month ago), 3 (3 months ago)
Stock Peers Performance
Today, Paytm’s stock price increased by 4.58% to reach ₹356.55. In comparison, its peers showed mixed results. Poonawalla Fincorp, Mahindra & Mahindra Financial, and Creditaccess Grameen experienced declines, whereas Cholamandalam Financial Holdings showed an upward trend. Benchmark indices Nifty and Sensex were down by -0.11% and -0.03%, respectively.
Peer Comparison
Name | Latest Price | Change | % Change | 52W High | 52W Low | Mkt. Cap (cr) |
---|---|---|---|---|---|---|
Poonawalla Fincorp | ₹448.5 | -9.85 | -2.15% | ₹519.95 | ₹331.7 | ₹34559.17 |
Mahindra & Mahindra Financial | ₹269.25 | -1.9 | -0.7% | ₹346.4 | ₹243.9 | ₹33235.85 |
One 97 Communications | ₹356.55 | 15.6 | 4.58% | ₹998.3 | ₹310 | ₹22676.58 |
Creditaccess Grameen | ₹1375.0 | -18.2 | -1.31% | ₹1794.4 | ₹1169.8 | ₹21914.33 |
Cholamandalam Financial | ₹1123.0 | 3.15 | 0.28% | ₹1282.75 | ₹781.75 | ₹21087.41 |
Today’s Price Range
On the current trading day, One 97 Communications’ stock reached a high of ₹357.95 and a low of ₹341.8. The closing price of ₹356.55 represents a 4.58% increase from the previous day’s close of ₹340.95.
Support and Resistance Levels
For the next trading session, key resistance levels for Paytm are ₹361.63, ₹367.82, and ₹377.68. Key support levels are ₹345.58, ₹335.72, and ₹329.53. These levels are derived from the classic pivot table and are essential for traders to watch.
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Volume Analysis
The trading volume for Paytm until 3 PM today increased by 15.34% compared to yesterday. The price is currently trading at ₹356.55, reflecting a 4.58% increase. Both volume and price trends are crucial indicators for analyzing market trends. A positive price trend accompanied by higher trading volume indicates a sustainable upward movement, while a negative price trend with increased volume could signal potential further declines.