One97 Communications Limited

PAYTM

INE982J01020

Business Support Services

Market Closed - NSE India S.E. Other stock markets 05:17:55 21/06/2024 pm IST			5-day change	1st Jan Change
411.2 ^INR	-0.09%		-3.27%	-35.30%

18/06	Paytm Announces Board Changes	CI
18/06	Zomato Confirms Discussions with Paytm Regarding its Movies and Events Business	CI

One97 Communications Limited Issues Clarification on Report Claiming Adani in Talks to Acquire Stake in Company

May 29, 2024 at 09:02 am IST

One97 Communications Limited on May 29, 2024 responded to a media report claiming that Adani Enterprises Limited (BSE:512599) (Adani Group) chairman, Gautam Adani is likely considering acquiring a stake in Paytm 's parent company One97 Communications. The company hereby clarify that the abovementioned news item is speculative and the company is not engaged in any discussions in this regard.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	ADANI ENTERPRISES LIMITED	3,188 INR	-2.16%	-2.31%	4.35TCr
	ONE97 COMMUNICATIONS LIMITED	411.2 INR	-0.09%	-3.27%	312.86Cr

Latest news about One97 Communications Limited

Paytm Announces Board Changes	18/06	CI
Zomato Confirms Discussions with Paytm Regarding its Movies and Events Business	18/06	CI
Zomato Reportedly in Talks to Acquire Paytm's Movies, Ticketing Business	16/06	CI
Samsung Teams Up with One 97 to Integrate Travel, Entertainment Services to Samsung Wallet in India; One 97 Shares Up 7%	13/06	MT
Factbox-India central bank scrutiny of financial firms leads to restrictions	30/05	RE
INDIA STOCKS-Indian shares fall as heavyweight financials, IT stocks drag	29/05	RE
INDIA STOCKS-Indian shares open lower as financials drag	29/05	RE
One97 Communications Limited Issues Clarification on Report Claiming Adani in Talks to Acquire Stake in Company	29/05	CI
Adani Reportedly in Talks with Vijay Shekhar Sharma to Acquire Stake in Paytm	29/05	CI
India's Gautam Adani in talks to buy stake in fintech Paytm, Times of India says	29/05	RE
Transcript : One97 Communications Limited, Q4 2024 Earnings Call, May 22, 2024	22/05
INDIA STOCKS-Indian shares muted, Fed minutes in focus	22/05	RE
INDIA STOCKS-Indian shares open higher on IT, metals support	22/05	RE
One 97 Communications Names Chief Business Officer	22/05	MT
India's Paytm posts Q4 revenue fall on weak payment business	22/05	RE
One97 Communications Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	22/05	CI
One97 Communications Limited Reports Earnings Results for the Full Year Ended March 31, 2024	22/05	CI
One97 Communications' COO Resigns	06/05	MT
India's Paytm President Bhavesh Gupta to resign from company	04/05	RE
One97 Communications Limited Announces Resignation of Bhavesh Gupta, President and Chief Operating Officer	04/05	CI
Factbox-India central bank scrutiny of financial firms leads to restrictions	25/04	RE
India's Paytm Payments Bank board is independent, Paytm CEO Sharma says	22/04	RE
India defers approval of Paytm's investment in its payments arm, sources say	16/04	RE
One97 Communications' Paytm Payments Bank CEO Resigns	10/04	MT
Paytm Payments Bank CEO Steps Down	09/04	MT

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Company Profile

One 97 Communications Limited owns and operates the brand Paytm. The Company is engaged in the business of providing payment and financial services which primarily includes payment facilitator services, facilitation of consumer and merchant lending to consumers and merchants, wealth management, and more. It also provides commerce and cloud services which primarily consists of aggregator for digital products, ticketing business, providing voice and messaging platforms to the telecom operators and enterprise customers and other businesses, and others. It is also involved in providing commerce and cloud services, which primarily consists of aggregator for digital products, ticketing business, providing voice, and messaging platforms to the telecom operators and other businesses. The Company provides various services Paytm payment instruments like Paytm Payment Instruments like Wallet, Paytm Postpaid (BNPL) as well as third party instruments like cards, net banking to make online payments.

Sector

Business Support Services

Calendar

02/08/2024 - Q1 2025 Earnings Release (Projected)

Related indices

NIFTY 100

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Ratings for One97 Communications Limited

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

411.2 INR

Average target price

485.1 INR

Spread / Average Target

+17.99%

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Sector Transaction & Payment Services

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Transaction & Payment Services