Yesterday, on 28th March 2025, One Communication 97, or Paytm Share Price experienced a decline in its share prices since the opening bell. Analysts and market experts said that the shift in the share prices could have been due to the overall market downturn. Additionally, recent ratings of buy and neutral and remarks of caution from Motilal Oswal Financial Services (MOFSL) and Jefferies have maintained that could have influenced the investors.
Paytm Market Performance On 28th March
Yesterday, Paytm began trading at Rs. 812.85 and witnessed a day-high of Rs. 816.65 and a day-low of Rs. 779.15. At 15:59., when the market closed, Paytm dealt with their shares for Rs 783.49 each. It was nearly 3.6% lower than the opening rate. And 3.29% lower than the close on 27th March, Rs. 810.10. According to the reports and estimates on Money Control, the current market capitalization stood at 49,973 cores; the UC Limit was 891.10, and the LC Limit was 729.10.
Company Financials
The third quarter of the fiscal year 2024-25 was profitable for Paytm. Its revenue increased by 36% compared to the third quarter of the previous year- Rs. 1,827.8 crore as opposed to Rs. 2,850.5. The company also recorded a decrease in losses: Rs. 208.5 crore, compared to Rs. 221.7 crore in the previous year’s third quarter.
Paytm secured 5 lakh new subscriptions in Q3 alone, totaling 1.17 crore subscribers.
Recent News About Paytm
- In March 2025, Paytm received a show-cause notice from India’s Enforcement Directorate pertaining to allegations of violating the Foreign Exchange Management Act. The allegations suggested discrepancies amounting to Rs. 611 crore.
- In March 2025, Paytm’s collaboration with Juspay ended as it moved to direct transaction processing through Paytm Payments Services Limited.
Paytm Share Price Target
IndMoney reported that, as per 17 analysts, Paytm’s target price is Rs. 869.71, indicating a slight upside of 7.36% compared to the current price of Rs. 783.45.
Should You Buy, Sell, Or Hold?
Investors and market experts produced mixed suggestions for buying and selling Paytm shares. But, before investing in the company, consider its long-term performance and consult your analyst to make the perfect move.
