Paytm Share Price Up Above 6% Today, UP 25% In 1 Month, Before Q1 Result

The share price of Paytm, owned by One 97 Communications Ltd. has surged sharply today, amid a flat market trend. Nifty 50 has gained only by 0.30%, till last traded. The company's Q1FY23 financial result will be published this week, on Friday, hence, the stock is gaining traction now. Analysts are anticipating that Paytm can reduce its net loss on a sequential basis, as loan disbursements have been steady along with the new device addition.

Stock to Watch: NSE performance

The current market price of One 97 Communications stood at Rs. 803.60/share on NSE, gaining by 6.34%, till last traded. In the last 5 days, the share price of this company has surged by 12.60% on NSE, and in the last 1 month, its share price has surged by 24.64%. However, in the past 6 months, its stock price has fallen by 14.92%, and in the last 1 year, its stock price fell by 48.51%.

The 52-week high level of this stock is Rs. 1,955, and the 52-week low level of this stock is Rs. 510.05.

Market capitalization	Current market price	5 Days performance	1 Month performance
Rs. 52,203 crore	Rs. 803.60	12.60%	24.64%

Financial performance & about the company

According to data available with NSE, in Q4 FY22, the company's total income stood at Rs. 1,07,310 lakh, as against Rs. 92,100 lakh in the previous quarter. The company's profit before tax or PBT was reported at Rs. -68,910 lakh in Q4 FY22, as against Rs. -77,980 lakh in Q3 FY22. The company's net loss was reported at Rs. -68,910 lakh in Q4 FY22, as against Rs. -77,980 lakh in Q3 FY22.

Paytm is one of the leading Payments Apps in India. More than 20 Million merchants and businesses are powered by Paytm to Accept Payments digitally. Above 300 million Indians use Paytm to Pay at their stores.

Disclaimer

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