As India celebrates Ganesh Chaturthi today, a look back at the past year shows 33 stocks delivering up to 22,000% returns since the last Ganapati Utsav. Topping the list is midcap Elitecon International with a staggering 22,344% gain, followed by smallcaps Kothari Industrial Corporation and Colab Platforms, which surged 2,557% and 981%, respectively. Other multibaggers … Read more
One 97 Communications, which operates fintech platform Paytm, has surged 17% so far this year, on top of a 128% jump over the past 12 months, leaving investors wondering whether the rally still has legs or if it’s time to wait for a pullback. The stock has climbed 21% in the past month alone, including … Read more
French banking behemoth Societe Generale bought over 67 lakh shares worth Rs 720 crore in Paytm parent One 97 Communications via a couple of bulk deals on Tuesday where Ant Group affiliate Antfin (Netherlands) Holding B.V. made a complete exit from the company, selling 5.84% stake that represented over 3.72 crore shares. Societe Generale purchased … Read more
“If we look at Mahindra & Mahindra’s example, where they appointed Anisha Shah as CEO from her prior CFO role, it also proves that a transition from CFO to CEO ensures financial discipline while scaling the business. In that sense, I believe PB Balaji is a good choice and could deliver even better results going … Read more
Shares of One 97 Communications (Paytm) jumped nearly 3% to Rs 1,014.30 in Wednesday’s trade on the NSE, crossing the Rs 1,000 mark amid strong trading activity. Around 23.3 lakh shares worth Rs 234.6 crore changed hands during the session. As of 30 June 2025, foreign institutional investors (FIIs) held a 54.9% stake in Paytm, … Read more
MUMBAI: Ant Financial, the fintech arm of Chinese e-commerce giant Alibaba Group, is planning to offload shares worth nearly Rs 2,200 crore in One97 Communications, the parent company of Paytm, via block deals on Tuesday. Shares are likely to be offered at a floor price of Rs 809.7 apiece — a 6.4% discount to Paytm’s … Read more
One 97 Communications, which operates fintech platform Paytm, will announce its Q4FY25 earnings on Tuesday, with some brokerages expecting the company to swing into profits. Profit after tax (PAT) is estimated to range between Rs 3.6 crore and Rs 4.5 crore, according to JM Financial and Yes Securities. However, Motilal Oswal Financial Services (MOFSL) projects … Read more
In a clear display of divergent strategies, foreign institutional investors (FIIs) and mutual funds took opposite calls on a clutch of new-age stocks during the March 2025 quarter. An analysis of 14 new age stocks shows that FIIs chose to cut their stakes 8 scrips in Q4FY25 compared to the Q3FY25, while mutual funds raised … Read more
While earnings season has started, HDFC Bank’s earnings on Saturday, April, 19, 2025 will be a curtain raiser for the BFSI pack. Brokerage Motilal Oswal FInancial Services (MOFSL) remains bullish on banks, expecting outperformance. NBFCs could pivot back to growth, it said. Based on reasonable valuations and a healthy growth outlook, MOFSL has curated a … Read more
Paytm, a leading digital payments provider, has enhanced its Unified Payments Interface (UPI) service by introducing a new feature that allows users to download transaction statements in Excel format. This development, announced by the company, aims to assist users in better managing their finances, specifically aiding in tax filing and daily expense tracking. The new … Read more