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Paytm has distributed 6.8 million loans, aggregating to loan disbursements of Rs 6,292 crore ($774 million, up 374 per cent). The company’s said its leadership in offline payments strengthened, with merchants paying subscriptions for payment devices exceeding 5.5 million
One 97 Communications Limited-owned Paytm will hold a board meeting on December 13 to consider a proposal for a share buyback, the fintech major disclosed to the exchanges.
One 97 Communications - Paytm - BUY - Management expects positive FCF generation in 12-18 months; no onerous outcome of regulatory observations - ICICI Securities.
Paytm stock trades at 16 times EV/core Ebitda on an FY26 basis, discounted back to FY24. It trades at a 25-40 per cent discount to Adyen and Block’s EV/Ebitda multiples, CLSA said
Paytm stock fell 4.39 per cent to hit a low of Rs 444.35 on BSE. Later, the scrip recovered some lost ground and was trading 0.7 per cent lower at Rs 461.55