Paytm Shares Slip 8% After Q3 Results

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SUMMARY

Shares of One97 Communications, the parent company of Paytm, slipped 8% to their intraday low of INR 826 apiece on the BSE a day after the fintech major reported a consolidated net loss of INR 208.5 Cr in Q3 FY25

Operating revenue slumped 36% YoY to INR 1,827.8 Cr during the quarter under review

JM Financial reinitiated its coverage on Paytm with a ‘buy’ rating and target price of INR 1,250, signaling an upside potential of 39% from the stock’s last close

Shares of One97 Communications, the parent company of…



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Paytm Shares Slip 8% After Q3 Results


SUMMARY

Shares of One97 Communications, the parent company of Paytm, slipped 8% to their intraday low of INR 826 apiece on the BSE a day after the fintech major reported a consolidated net loss of INR 208.5 Cr in Q3 FY25

Operating revenue slumped 36% YoY to INR 1,827.8 Cr during the quarter under review

JM Financial reinitiated its coverage on Paytm with a ‘buy’ rating and target price of INR 1,250, signaling an upside potential of 39% from the stock’s last close

Shares of One97 Communications, the parent company of…



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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