Shares of One 97 Communications Ltd (Paytm) climbed over 2.1% on Wednesday, July 16, trading at ₹1,009.75 at 9:39 AM on NSE, gaining ₹21.30 from its previous close of ₹988.45. The stock was among the top gainers on the Nifty Midcap 150 index during the session.
The stock traded in a day’s range of ₹983.10–₹1,014.30, close to its 52-week high of ₹1,062.95, and well above its 52-week low of ₹425.60. With a market cap of approximately ₹643.72 billion and an average daily volume of around 4.73 million shares, Paytm remains a prominent player in the midcap space.
Company & market positioning
Paytm is part of the Nifty Midcap 150 index, but Motilal Oswal has noted a high probability that the stock could move back to the MSCI Standard Index in the upcoming index reshuffle in August. If the inclusion materializes, it could trigger inflows worth approximately $212 million, with announcements due on August 8 and adjustments on August 26.
Recent financial performance
Paytm’s financial performance remains mixed. For the quarter ended March 2025, revenue stood at ₹1,911.5 crore, down from ₹2,267.1 crore in March 2024. Net loss widened slightly to ₹544.3 crore from ₹533.8 crore a year earlier, while EPS improved to -8.47 from -9.00.
For the full year FY25, revenue came in at ₹6,900.4 crore compared to ₹9,977.8 crore in FY24. Net loss narrowed to ₹665.7 crore from ₹1,384.7 crore, and EPS improved to -10.35 from -22.00. The company continues to work on cost optimization, with total expenditure for March 2025 falling to ₹6,915 crore from ₹9,638 crore last year. EBIT losses also narrowed to ₹773 crore from ₹1,452 crore.
On a cash flow basis, however, the company posted a net outflow of ₹1,914 crore for March 2025 versus an inflow of ₹840 crore a year earlier.
Analysts’ outlook
Out of 19 analysts covering Paytm, nine recommend ‘buy,’ seven ‘hold,’ and three ‘sell,’ with a consensus indicating a mild downside of about 2% from current levels. Analysts remain cautious amid the company’s ongoing losses and volatile earnings trajectory, even as the potential MSCI inclusion and strong market momentum lend near-term support.
The stock has performed well over the past year, gaining in 12 of the last 14 months, signaling strong investor interest despite lingering concerns over profitability.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. The author or Business Upturn is not liable for any losses arising from the use of this information.
