Paytm shares fell 8%, firm’s UPI market share didn’t enhance in December – INA NEWS

Paytm share value: Shares of One97 Communications, the mum or dad firm of fee aggregator Paytm, noticed a decline of 8 p.c at present on January 8. This inventory fell 8.20 p.c on BSE. 902.05 It closed at a value of Rs. Truly, in line with NPCI information, there was no enhance in Paytm’s UPI market share in December. Because of this information, the corporate’s shares are being bought at present. With at present’s fall, the market cap of the corporate has come all the way down to Rs 57619 crore.

Paytm’s UPI market share didn’t enhance

UBS report states that in line with NPCI (Nationwide Funds Company of India) information, there was no enhance in Paytm’s UPI market share in December. Regardless of getting approval so as to add clients in October, Paytm’s share within the UPI market has nearly halved, falling from 10 p.c in the beginning of 2024 to simply 5.5 p.c by the tip of the 12 months.

Even in the course of the October-November interval, Paytm’s market share remained secure at 5.5 p.c. Paytm’s month-to-month transacting customers (MTU) have additionally declined by about 10 crore, from 16.8 crore in the beginning of 2024 to six.8 crore by the tip of September 2024.

Brokerage opinion on Paytm shares

UBS analysts pressured that MTU development is essential for B2C choices. He maintained “Impartial” ranking on Paytm and set a goal value of Rs 1000 per share. Paytm is roofed by 17 brokerage companies, of which 6 have a “Purchase” advice, 6 have issued a “Maintain” ranking, and 5 have a Promote advice.

In a latest word, Mirae Asset Capital Markets estimated Paytm to realize breakeven web revenue degree by Q4FY26 as a result of greater contribution to its income from monetary companies. Regulatory points decreased month-to-month transactions (71 million in Q2FY25 vs 100 million in Q3FY24), however Paytm’s service provider base has remained secure at 42 million regardless of strategic efforts to retain current retailers on its platform.

Speaking concerning the upcoming quarter, Motilal Oswal analysts have estimated a ten p.c quarter-on-quarter development in Paytm’s gross merchandise worth (GMV) in Q3FY25, which is able to enhance to Rs 4.9 lakh crore. They count on 8% quarterly development in income to Rs 1,800 crore and 14% quarterly development in contribution revenue to Rs 1,012 crore in Q3FY25. Earlier, Paytm reported a consolidated revenue of Rs 928.3 crore in Q2FY25, boosted by the sale of its film ticketing and occasions enterprise to Zomato.

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