Paytm shares fall 4% after Paytm Payments Bank CEO resigns
Surinder Chawla has resigned as Managing Director and CEO of Paytm Payments Bank, an associate entity of Paytm.
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Paytm shares rise 5% on getting approval to become a third-party UPI app
Paytm shares have tumbled 51% from ₹761 at the close of trade on January 31, 2023, after the RBI action against PPBL.
Softbank cuts more stake in Paytm; stock falls 5%
SoftBank entity SVF India Holdings has sold 2.17% stake in One97 Communication between January 23, 2024 and February 26, 2024, bringing down its holding to 2.83%.
Paytm shares rise 5% on partnership with Axis Bank; extension of deadline for PPBL
The fintech stock has lost 53% since January 31, 2023, while its market cap has fallen over ₹25,500 crore in the last 13 sessions.
From ₹761 to ₹325: Paytm shares nosedive 57% in 11 sessions after RBI action
On Thursday, Paytm parent One 97 Communications fell another 5% after hitting 10% lower circuit in the past two sessions.
Paytm stock falls 9% on Macquarie downgrade, RBI stance
Macquarie downgrades Paytm stock, cutting its 12-month price target from ₹650 to ₹275, while rating it ‘underperform’
Paytm forms ex-SEBI chief-led panel to strengthen compliance; stock down
Former SEBI chairman M Damodaran-led panel will work with the Paytm Board in further strengthening compliance and regulatory matters
Crisis-hit Paytm shares fall 9% amid report to acquire ONDC startup Bitsila
The fintech major is reportedly in advanced stages of talks with e-commerce startup Bitsila and the deal is likely to close in the coming week.
Paytm shares rebound 8% after falling 42% in three sessions; here’s why
The fintech stock has rebounded 19.5% from day’s low of ₹395.5 to touch a high of ₹472.50 on the BSE.
Paytm shares hit 20% lower circuit for 2nd day; Jefferies, Macquarie cut target price
Jefferies cut the target price on Paytm by more than half to ₹500 from ₹1,050 per share; Macquarie lowered its target price to ₹650 per share.
