Paytm Stock Price: Shares of fintech company Paytm fell by about 7 percent on January 13 and closed at Rs 789.55. This was the fifth consecutive trading session when the stock suffered a decline. Shares of Paytm’s parent company One97 Communications on BSE have fallen by more than 19 percent in these 5 sessions. The market cap of the company has decreased to Rs 50300 crore.
One97 Communications will release financial results for the October-December 2024 quarter after its board meeting on January 20, 2025. According to data available on BSE, the company’s standalone revenue in the July-September 2024 quarter was Rs 1,265.10 crore and net standalone profit was Rs 821.40 crore. Earnings per share stood at Rs 12.91 crore per share.
The share was at a one-year high on December 17, 2024
The stock had seen a 52-week high of Rs 1,063 on December 17, 2024 on BSE. The 52-week low of Rs 310 was touched on 9 May 2024. The upper price band for the share is Rs 931.75 and the lower price band is Rs 762.35.
Paytm’s shares rose 70 percent in 6 months
The entire 100 percent stake in the company is held by public shareholders. One97 Communications shares have seen a 14 percent rise in the last one year. At the same time, within just 6 months the price has strengthened by almost 70 percent.