Domestic Institutional Investors Shore Up Stakes In Paytm In Q4

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SUMMARY

Domestic mutual funds increased their stake in the fintech major to 13.11% in the quarter under review from 11.2% in the Q3 FY25

Overall institutional ownership, comprising both domestic and foreign investors, rose 1% QoQ to 69% in the quarter ended March 2024

The bullishness of domestic institutional investors comes on the back of Paytm launching a host of new offerings in the past few months to turn profitable

Domestic Institutional investors ramped up their shareholding in fintech major Paytm in the fourth quarter…



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Domestic Institutional Investors Shore Up Stakes In Paytm In Q4


SUMMARY

Domestic mutual funds increased their stake in the fintech major to 13.11% in the quarter under review from 11.2% in the Q3 FY25

Overall institutional ownership, comprising both domestic and foreign investors, rose 1% QoQ to 69% in the quarter ended March 2024

The bullishness of domestic institutional investors comes on the back of Paytm launching a host of new offerings in the past few months to turn profitable

Domestic Institutional investors ramped up their shareholding in fintech major Paytm in the fourth quarter…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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