Stock in One97 Communications (NSE: PAYTM), the parent company of fintech company Paytm has risen by 3 % to reach the highest level in 52 weeks at 1.007 rupees on Monday. The reason behind this surge is the announcement of selling sa take in PayPay Corp to SoftBank. The stock has increased 215 % since its 52-week high of Rs. 310 in May of this year. Paytm stated that its board of directors wholly owned subsidiary One97 Communications Singapore Private Limited in a meeting. That was held on December 6, 2017, approved the sale of all of its SARs (stock…
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careermotto
A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.
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The stock market started trading flat to negative on Monday and pressure was seen at higher levels in the market. 24800 has proved to be a strong resistance for Nifty. However, at the lower level, the zone between 24600 and 24500 in Nifty can be a buy on dips. Meanwhile, there is also a discussion of some penny stocks in the market. Heavy volume is being seen in penny stock GG Engineering Ltd, priced below Rs 2 on 9 December 2024. This stock rose 9 percent to reach the level of Rs 1.94. During this, more than one crore shares…
Padam Cotton Yarns Ltd: This week saw a rise in the market of stocks and with the exception of a minor drop that occurred on the 5th of June, the stock market was in the green throughout all times of the week. Nifty ended the week at the level of 24,678 and the Sensex ended at 81,709. Stock-specific activity continued to be seen in the market, with news flows. The price of the share of cotton-producing company Padam Cotton Yarns Ltd is increasing steadily. Share in Padam Cotton Yarns Limited closed at Rs 270 on Friday, an increase of 2…
Sylph Technologies Ltd: The market closed in a downtrend on Friday. In the past, the market experienced an increase throughout the week. This means that, the share of the small-cap company Sylph Technologies has hit an upper circuit of 10 percent. This increase in the price of the penny share came following the company’s approval to raise money through rights issues. 10 Percent Upper Circuit Share of Sylph Technologies today closed 10 percent higher at Rs 1.27 from the previous closing. This week, the company’s share has seen a steady increase. The share has increased by 27 percent over the…
In the next business week starting from 9 December, investors will keep an eye on five stocks because their dividend, bonus issue, or split will have an ex-date. These shares are Ceenik Exports (India) Ltd, Achyut Healthcare Ltd, Shradha AI Technologies, Quasar India Ltd, and Exxaro Tiles Ltd. Ex-date means that if you buy shares on that day, you will not get a dividend, you will not get shares in a bonus. At the same time, in case of a stock split, the number of shares in the portfolio will not increase. Here the ex-date of all these stocks is…