Will Paytm Stock Rise Or Will Its Decline Continue? Huge Loss For Investors
After the RBI action against Paytm Payments Bank, there has been a dramatic drop in the share price of the main firm One 97 Communications Ltd (NSE: PAYTM).
Paytm’s stock has reached its lowest level of 52 weeks. Paytm shares have seen a continuous decline this week.
However, on the last day of the trading week i.e. Friday, Paytm shares closed on the upper circuit with a rise of 5 percent. Paytm’s share is currently at the level of Rs 341.30.
During trading, Paytm shares had once reached a low level of Rs 318.05. After this, there was a rise in it and the stock closed on the green mark with a rise.
The Reserve Bank of India (RBI) has issued an order to Paytm Payments Bank (PPBL) to cease payments, credit transactions, and top-ups on customers’ accounts following February 29, 2024.
Since then Paytm shares have been falling.
Many investors investing in Paytm shares are still confused about whether the stock will continue its rise in the next week or will see a decline again.
More Than 50% Decline
After the action of RBI, Paytm’s share has fallen by more than 54 percent in this month i.e. February.
Last month, on January 31, Paytm’s share, which was trading above Rs 761, touched its 52-week low level of 318.05.
Paytm’s shares have fallen by more than 400 points. According to experts, Paytm shares may fall below Rs 300 in the coming time.
Broking firms are downgrading Paytm amid a huge fall in TM’s stock. Top 3 brokerage firms have downgraded the stock. Now it has declined further.
Will The Stock Fall Further?
According to experts, this action of RBI will not have a direct impact on the lending business of Paytm Payments Bank.
Weakness is being seen in Paytm’s stock right now. In such a situation, further decline may be seen in the stock in the coming time.
Many brokerage houses in their reports have indicated a further decline in Paytm’s shares.
However, before buying or selling any stock in the stock market, you must talk to your financial advisor once.
If you do not do this, you may have to suffer financial loss.
About One 97 Communications Ltd (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 | ₹ 21,678 Cr. |
Current Price | ₹ 341.30 |
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 (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 (Paytm) 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.