One 97 Communications Ltd (NSE: PAYTM) Share: Following an increase for two days, the share price of Paytm (One97 Communications) is back in the red zone.
On the 8th of February, the stock traded at 524 rupees on BSE with a gain of 5.48 percent over the closing price.
It reached a record high in the amount of 526.40. After that, it fell 9.4 percent from its earlier closing price and dropped to the price of Rs 454.
The stock was trading at 466.60 which was down by six percent.
In the wake of the ban imposed by the RBI in the case of Paytm Payments Bank on February 1 and the subsequent news that spread throughout the market the stock price of Paytm dropped 42 percent over three consecutive days of trading.
The shares of Paytm returned on February 6, but they gained 7 percent during the day following the announcement that there was not an ongoing investigation of Paytm by any police department.
After trading the share closed with an increase of 3 percent. Then 7 February the share surged 10 percent on BSE and climbed to the upper circuit of 496.75 (Paytm share price).
The share fluctuated due to profit booking, but at the end of the day, it closed on the lower circuitwith 10% decrease.
The limit of the circuit of Paytm shares is decreased by 20 percent to 10 percent by BSE and NSE.
What Are The RBI’s Actions?
The Reserve Bank of India (RBI) has banned Paytm Payment Banks, or PPBL from taking deposits or topping-ups on any account of a customer or prepaid instrument, wallet Fastag, etc. following February 29th, 2024.
But the interest, cashback, or refunds may be creditable after February 29, 2024. Paytm Payments Bank Limited customers anytime.
RBI has announced that Paytm Payments Bank customers can take out or use the remaining balance of their accounts, including their savings account, current balances, accounts with prepaid instrument Fastag along with the National Common Mobility Card (NCMC) without restrictions.
RBI has been able to take action to stop Paytm Payments Bank following the extensive system audit report as well as the verification of compliance by external auditors.
About One 97 Communications Ltd
One 97 Communications Limited owns and manages the Paytm brand. Its divisions include Payment, Commerce, Cloud, and more.
The Company is in the business of providing financial and payment services. This includes the services of payment facilitators that facilitate loans to merchants and consumers, merchants and consumers, and managing wealth.
The Company is also involved in providing cloud and commerce services, which consist primarily of an aggregator for digital goods and ticketing businesses, offering messages and voice platforms to telecom operators, enterprises, and other companies.
The company provides a range of services, like internet banking as well as Paytm payment tools such as wallet, Paytm postpaid (BNPL) for online payment of mobile recharges utilities rent, and education, wallet top-ups, and money transfers through the Paytm application.
Fundamental Analysis of One 97 Communications Ltd
| Market Cap | ₹ 28,677 Cr. |
| Current Price | ₹ 457.25 |
| 52-wk High | ₹ 998.30 |
| 52-wk Low | ₹ 395 |
| Stock P/E | – |
| Book Value | ₹ 196 |
| Dividend | 0.00 % |
| ROCE | -13.5 % |
| ROE | -13.9 % |
| Face Value | ₹ 1.00 |
| P/B Value | 2.32 |
| OPM | -11.5 % |
| EPS | ₹ -17.6 |
| Debt | ₹ 192 Cr. |
| Debt to Equity | 0.02 |
One 97 Communications Ltd Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 600 | ₹ 995 |
| 2025 | ₹ 1000 | ₹ 1247 |
| 2026 | ₹ 1389 | ₹ 1425 |
| 2027 | ₹ 1560 | ₹ 1749 |
| 2028 | ₹ 1859 | ₹ 1980 |
| 2029 | ₹ 2159 | ₹ 2389 |
| 2030 | ₹ 2400 | ₹ 2500 |
One 97 Communications Ltd Shareholding Pattern
| FII Holding | |
| Dec 2022 | 72.80% |
| Mar 2023 | 71.83% |
| June 2023 | 72.11% |
| Sept 2023 | 60.92% |
| Dec 2023 | 63.72% |
| DII Holding | |
| Dec 2022 | 1.87% |
| Mar 2023 | 3.19% |
| June 2023 | 3.54% |
| Sept 2023 | 4.05% |
| Dec 2023 | 6.07% |
| Public Holding | |
| Dec 2022 | 25.32% |
| Mar 2023 | 24.98% |
| June 2023 | 24.35% |
| Sept 2023 | 35.02% |
| Dec 2023 | 30.22% |
One 97 Communications Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 3,050 Cr |
| 2020 | ₹ 3,115 Cr |
| 2021 | ₹ 2,667 Cr |
| 2022 | ₹ 3,892 Cr |
| 2023 | ₹ 7,767 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -3,960 Cr |
| 2020 | ₹ -2,833 Cr |
| 2021 | ₹ -1,560 Cr |
| 2022 | ₹ -2,325 Cr |
| 2023 | ₹ -1,113 Cr |
Last 2 Years’ Debt-To-Equity Ratio:
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | – |
| 5 Years: | -5% |
| 3 Years: | 9% |
| Current Year: | 53% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | – |
| 5 Years: | -27% |
| 3 Years: | -18% |
| Last Year: | -14% |
Last 10 Years’ Sales Growth:
| 10 Years: | – |
| 5 Years: | 15% |
| 3 Years: | 25% |
| Current Year: | 47% |
Conclusion
This article is a complete guide about One 97 Communications Ltd (paytm) Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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