One 97 Communications Ltd(NSE: PAYTM): Paytm’s shares continued to rise on Monday after a slight rise last week. The stock today is at the top of the chart with a gain of 5 percent.
Actually, brokerage firm has also released a report on this stock. The brokerage firm has also set a target price of ₹552 per share with an ‘equal-weight’ opinion on the stock.
This stock has been secured on the Upper circuit for Rs 428.10 per share on NSE.
Apart from the brokerage report, there is another update regarding Paytm, due to which the stock is seeing a rise.
In reality, the Reserve Bank of India (RBI) has asked the National Payment Corporation of India (NPCI) to investigate the use of TPAP as an application by a third-party provider (TPAP).
If it gets approval from NPCI then there will be no hindrance in using UPI service for Paytm customers. Investors are now keeping an eye on NPCI’s response.
Apart from this, they will also see what information Paytm gives regarding the possible impact on its business in February 2024.
Meanwhile, the advisory committee constituted by One97 Communications is also engaged in talks with the company so that a report can be prepared regarding the action of RBI.
The committee is led by the former SEBI Chairman M Damodaran. M Damodaran said on February 25th “We are advisors to external parties. Paytm is currently working with RBI.”
Damodaran gave this answer when he was asked about the impact of RBI’s action on Paytm Payments Bank (PPBL) on Paytm.
How Much Impact Will There Be On Shares After RBI’s Action?
Let us tell you that after the strict action of RBI on PPBL, there was a huge beating in the shares of Paytm.
Before a slight recovery, this stock has seen a decline of about 60%. Last week also several times a 5% discount circuit was seen on this stock.
On February 16, the stock had slipped to a 52-week low of ₹318 per share. But, now the stock has seen a recovery of about 30% from here.
What Did Goldman Sachs Say About The Stock?
Last week too, in a report reduced the target price on the stock from ₹860 to ₹450 per share with a ‘neutral’ opinion.
This adjustment in target price is being seen after the possible loss in market share of the payments sector.
This brokerage firm had said on the stock that there may be a slowdown in lending in the short term.
About One 97 Communications (Paytm)
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 is also involved in providing 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 (Paytm)
| Market Cap | ₹ 27,181 Cr. |
| Current Price | ₹ 428 |
| 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 | 2.19 |
| OPM | -11.5 % |
| EPS | ₹ -17.6 |
| Debt | ₹ 192 Cr. |
| Debt to Equity | 0.02 |
One 97 Communications (Paytm) 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 (Paytm) 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 (Paytm) Share: Last 5 Years’ Financial Condition
To gain a better understanding of 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 | ₹ 2,667 Cr |
| 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 2 Years’ Debt-To-Equity Ratio:
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% |
Last 10 Years’ Sales Growth:
| 10 Years: | — |
| 5 Years: | 15% |
| 3 Years: | 25% |
| Current Year: | 47% |
Conclusion
This article is a complete guide about One 97 Communications Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.
