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PAYTM MACQUARIE DOWNGRADE
Macquarie downgrades Paytm; IT headcount drops againGlobal brokerage Macquarie has downgraded Patym’s stock and slashed its target price following the recent action by the central bank. This ...13 Feb, 2024, 08.16 PM IST- Paytm shares crash 9% after Macquarie cuts target price to Rs 275 in fresh downgradePaytm shares fell 8.7% to Rs 385.75 on BSE after Macquarie downgraded the company with a reduced target price of Rs 275 in the base case sc...13 Feb, 2024, 08.12 PM IST
- Rebound in financials drives Sensex 483 points higher; investors gain Rs 1.93 lakh croreFrom the Sensex pack, ICICI Bank, Axis Bank, Wipro, and Kotak Bank were the top gainers, rising over 2% each. While UltraTech Cement, M&M, ...13 Feb, 2024, 04.18 PM IST
- Macquarie cuts Paytm price to Rs 275 after RBI crackdownThe downgrade comes in the wake of the recent regulatory action on Paytm Payments Bank by the Reserve Bank of India. In a January 31 order,...13 Feb, 2024, 09.26 AM IST
- Paytm shares crash another 20% as $2 billion gone in 2 daysShares of fintech major One 97 Communications, which runs Paytm, crashed 20% on BSE following RBI's ban on Paytm Payments Bank. The queue o...03 Feb, 2024, 11.31 AM IST
- Paytm starts getting downgrades after RBI ban, lowest target price at Rs 500RBI imposes restrictions on Paytm Payments Bank, leading to downgrades by brokerages like Jefferies. Jefferies cuts target price to Rs 500 ...02 Feb, 2024, 09.10 PM IST
- Paytm shares crash 20% after RBI damages reputation, brokers downgradeShares of Paytm, owned by One 97 Communications, crashed 20% on BSE after the RBI directed Paytm Payments Bank to halt new credit and depos...02 Feb, 2024, 09.04 PM IST
- Hot Stocks: Brokerage view on LIC Housing, Syngene, Paytm and Bharti AirtelUBS initiated coverage on Paytm with a target price of Rs 900. Continued monetisation and EBITDA break-even are likely to drive re-rating, ...16 Jan, 2024, 10.23 AM IST
- Hot Stocks: Know what brokerages say on Paytm, SJVN and Century PlyA host of important triggers are likely to have an impact on Paytm, SJVN, and Century Ply. While Macquarie has retained a neutral stance on...18 Dec, 2023, 10.44 AM IST
- With $20 billion weapon, Mukesh Ambani just disrupted NBFC hierarchyBajaj Finance now has a market cap of Rs 4.6 lakh crore. Upon listing on stock exchanges, JFSL will take over the No.2 slot ahead of Cholam...20 Jul, 2023, 05.39 PM IST
- Paytm reports 37% YoY rise in GMV in Q1; shares rally 3%"The total merchant GMV processed through our platform for the quarter (for three months ended June 2023) was Rs 4.05 lakh crore ($49.3 bil...05 Jul, 2023, 10.08 AM IST
- BofA takes a 'Buy' view on Paytm. Sees 20% upside in the new-age tech stockBank of America (BofA) Securities has given a 'Buy' rating for One 97 Communications, the parent company of Paytm, with a target price of R...30 Jun, 2023, 02.35 PM IST
- Macquarie takes another U-turn on Paytm, downgrades stock after 90% rallyGlobal brokerage firm Macquarie downgraded Paytm's stock to neutral from outperform, attributing it to the sharp run-up in share prices in ...27 Jun, 2023, 11.15 AM IST
- Hot Stocks: Brokerage view on IndusInd Bank, Paytm, Kaynes Technology and ICICI Prudential LifeMacquarie has maintained its outperform rating on IndusInd Bank with a target price of Rs 1510, as the bank aims to strengthen its balance ...27 Jun, 2023, 10.22 AM IST
- Surging India internet stocks trounce China peers, widening gapIndia's consumer technology stocks, including One 97 Communications and Zomato, have outperformed their Chinese counterparts this year, ris...27 Jun, 2023, 09.13 AM IST
- Hot Stocks: Brokerage view on Paytm, Avenue Supermarts, HDFC Life and SBI LifeBrokerage firm CLSA has maintained a buy rating and target price of Rs 850 on Paytm. Motilal Oswal has recommended a buy call on Avenue Sup...09 Jun, 2023, 10.50 AM IST
- ETtech Explainer: Macquarie's rationale for raising Paytm target price decodedThe 80% increase in the target price of the stock to Rs 800 comes days after the digital payment services company reported a positive Ebitd...08 Feb, 2023, 05.34 PM IST
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