ट्रेंडिंग न्यूज़

Huge Buying Start In This Share; Investors Are Happy After Upper Circuit Hit

One 97 Communications Ltd (NSE: PAYTM): After RBI’s action on Paytm Payments Bank, Paytm’s shares (Paytm Share Price), which were continuously falling, have seen a stormy rise. Shares of Paytm, which are running on a lower circuit, have jumped 5 percent Friday. 

There is a race among investors to buy shares. Paytm shares have reached the upper circuit. 

Shares of Paytm have reached the level of Rs 341.30 with a gain of 5 percent after 2.30 pm on Friday. Paytm shares opened at Rs 325 in the morning. 

The stock also made its all-time low level of 318.05 yesterday. There was a sudden jump in Paytm’s shares on friday afternoon.

Share On The Upper Circuit

The stock jumped and reached its upper circuit. Investors are pleased with the rise in the stock. Earlier yesterday i.e. on Thursday, Paytm shares had fallen and closed in the red. 

Following a massive fluctuation, BSE and NSE reduced the limit of circuits or price range for Paytm shares from 20 percent to 10 percent.

On Wednesday, Paytm shares closed at Rs 342.35, down 10 percent. Since January 31st, Paytm stock has declined 55 percent from its current value.

Continuous Decline

Paytm’s shares are continuously falling. Paytm shares are falling after RBI took action on Paytm Payments Bank. Paytm shares were listed at Rs 1950 per share as against Rs 2150. 

Those who invested in Paytm shares have suffered huge losses. Paytm shares have dropped more than 20% over the past five days. And in the last month, it has declined by more than 55 percent.

About One 97 Communications Ltd Company 

One 97 Communications Limited owns and manages the Paytm brand. Its divisions include Payment, Commerce, Cloud, and more. 

The Company is in the business of providing financial and payment services. This includes the services of payment facilitators that facilitate loans to merchants and consumers, merchants and consumers, and managing wealth. 

The Company also provides cloud and commerce services, which consist primarily of an aggregator for digital goods and ticketing businesses, offering messages and voice platforms to telecom operators, enterprises, and other companies. 

The company provides a range of services, like internet banking as well as Paytm payment tools such as wallet, Paytm postpaid (BNPL) for online payment of mobile recharges utilities rent, and education, wallet top-ups, and money transfers through the Paytm application.

Fundamental Analysis of One 97 Communications Ltd

Market Cap ₹ 21,678 Cr.
Current Price ₹ 341
52-wk High ₹ 998 
52-wk Low ₹ 318
Stock P/E
Book Value ₹ 196
Dividend 0.00 %
ROCE -13.5 %
ROE -13.9 %
Face Value ₹ 1.00
P/B Value 1.75
OPM -11.5 %
EPS ₹ -17.6
Debt ₹ 192 Cr.
Debt to Equity 0.02

One 97 Communications Ltd Share Price Target 2024 To 2030

Year 1st Target 2nd Target
2024 ₹ 600 ₹ 995
2025 ₹ 1000 ₹ 1247
2026 ₹ 1389 ₹ 1425
2027 ₹ 1560 ₹ 1749
2028 ₹ 1859 ₹ 1980
2029 ₹ 2159 ₹ 2389
2030 ₹ 2400 ₹ 2500

One 97 Communications Ltd Shareholding Pattern

FII Holding
Dec 2022 72.80%
Mar 2023 71.83%
June 2023 72.11%
Sept 2023 60.92%
Dec 2023 63.72%
DII Holding
Dec 2022 1.87%
Mar 2023 3.19%
June 2023 3.54%
Sept 2023 4.05%
Dec 2023 6.07%
Public Holding
Dec 2022 25.32%
Mar 2023 24.98%
June 2023 24.35%
Sept 2023 35.02%
Dec 2023 30.22%

One 97 Communications Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019 ₹ 3,050 Cr
2020 ₹ 3,115 Cr
2021 ₹ C2,667 r
2022 ₹ 3,892 Cr
2023 ₹ 7,767 Cr

Last 5 Years’ Net Profit:

2019 ₹ -3,960 Cr
2020 ₹ -2,833 Cr
2021 ₹ -1,560 Cr
2022 ₹ -2,325 Cr
2023 ₹ -1,113 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019
2020
2021
2022 0
2023 0

Last 10 Years’ Profit Growth:

10 Years: %
5 Years: -5%
3 Years: 9%
Current Year: 53%

Last 10 years’ Return on Equity (ROE):

10 Years: %
5 Years: -27%
3 Years: -18%
Last Year: -14%

Sales Growth Over 10 Years:

10 Years: %
5 Years: 15%
3 Years: 25%
Current Year: 47%

Conclusion

This article is a complete guide about One 97 Communications Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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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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