* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
Paytm is an Indian Fintech company that provides mobile payment and e-commerce services. It is the first of its kind and the leading mobile payment application in India. Paytm offers mobile recharges, money transfers through wallets, bank accounts via UPI, and tickets for movies, buses, railways, etc. Established in 2010 under the parent company One97 Communications, the Fintech giant has expanded its services to loans, virtual credit cards, and insurance making Paytm shares a great choice for investors.
The company was founded for mobile, and DTH recharged and added new services to its list. Today, it has more than 450 million registered users and 39 million active users. Paytm continued to grow and recorded a growth percentage of 77 in its revenue in 20 Rs. This fascinating company background makes it essential to speculate on Paytm share price.
The past year saw a steep decrease in the share prices of all the companies. However, Paytm has started to climb again after a year of only a downward journey—the share price hovers around 630 of the current price.
The company showed an overall performance on the share market in recent weeks. Paytm outperformed its CAGR over the three years. Debt-free, with enough cash reserve to correct any liabilities, and rising shares are the aspects that make Paytm shares attractive to its investors.
| 630.00 | Pr. Close | Open | High | Low | Close |
| 0.50% | 626.85 | 624.75 | 633.60 | 621.10 | – |
Paytm share price NSE holds at Rs. 630 on February 20, 2023.
Amidst the economic downfall and slowdowns, Paytm continued to show hope, and now the investors are upvoting it thanks to the confident analyst meeting. The company’s management elaborated on the business model, recent overview and trend, and its goal to accomplish its EBITDA target by September 2023. The experts predicted Paytm shares might be valued at Rs. 1285 in the future.
The company recorded a high growth in revenue in the last financial year and is expected to keep growing. These reasons make Paytm unlisted shares an excellent reason to buy.
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