Can we buy shares in Paytm?

Can we buy shares in Paytm?

To start investing with Paytm Money, you need to open a trading and Demat account with Paytm Money either through the web or mobile app as a first step. Once the trading and Demat accounts are ready, you need to login into your account and start investing.

What is PE of Paytm?

Fundamentals

Market Cap ₹45,506Cr
ROE -23.14%
P/E Ratio(TTM) NA
EPS(TTM) -37.16
P/B Ratio 3.21

Which share is best to buy now?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Axis Bank 639.30 641
B P C L 317.10 319
Bajaj Auto 3,887.85 3,907
Bajaj Finance 5,585.00 5,619

Is Paytm stock safe?

Yes, it is completely safe to invest your money in the stock market using Paytm money App. In fact, PayTm has come up with stock broking services recently and trying to establish itself in the said field. And, to give tough fight to top existing players it has to keep its services up to the mark.

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What is Paytm IPO price?

PAYTM IPO. Before LIC, the amount mobilised from the Paytm IPO in 2021 was the largest ever at Rs 18,300 crore. Paytm’s IPO price was fixed at Rs 2,080 to Rs 2,150 per share. However, the Fintech firm plunged on its debut last November and its shares are now worth not much more than a quarter of their IPO price.

Should I buy Paytm stock?

We are expecting some recovery in this counter due to bargain buying where we can expect Rs 770-Rs 870 levels in the coming days. However, conservative investors should completely avoid this stock.” “Paytm after witnessing consolidation at lower levels is now trading well above the major long-term support levels.

What is future of Paytm share?

Despite a widened loss in March quarter of fiscal 2021-22 (Q4FY22), analysts expect fintech major Paytm’s share price to more-than-double from here on riding on improving margins, and expectations of becoming a adjusted-EBITDA breakeven company by the end of fiscal 2023-24 (FY24).

Is Paytm shares good for long-term?

It is an apt opportunity for the long-term players of the market. However, it needs a little more consolidation at the lower levels. Henceforth, the short-term players can buy on dips for short-term gains and meanwhile the long-term players can accumulate on dips,” said Ravi Singhal, Vice-Chairman, GCL Securities.

Which share gives highest return?

Highest returns in 5 year

S.No. Name CMP Rs.
1. SEL Mfg. Co 984.80
2. Authum Invest 141.75
3. Ruchi Soya Inds. 1096.00
4. Sadhana Nitro 142.65

Which share buy under 50 RS today?

BEST STOCKS UNDER VALUE 50

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S.No. Name Sales Qtr Rs.Cr.
1. Prismx Global 4.39
2. Ashima 58.66
3. Orient Abrasives 68.99
4. Evexia Lifecare 19.43

Which share is best in 2022?

Performance of New Year 2021 Stocks Recommended by SMC Research

S.No. Recommended Stock Return (in %)
1 HCL Technologies 56
2 Axis Bank 43
3 Hindustan Zinc 69
4 Bank of Baroda 63

Should I buy Paytm IPO?

Paytm share price has fallen 36% from the IPO price of Rs 2,150, including yesterday’s plunge, but analysts advise avoiding buying the stock even at these levels.

Is Paytm IPO profitable?

MUMBAI : Paytm, whose shares have plunged 70% from its initial share sale price, said it expects to become operationally profitable in six quarters even as its founder, Vijay Shekhar Sharma, linked the vesting of the stock awards to him to the payments company’s market value exceeding the IPO level.

Why did Paytm stock crash?

Paytm shares crash 13% after RBI restriction on payments bank.

Why did Paytm IPO fail?

Paytm listed at a discount of 9% at Rs 1,955 on the BSE, and closed at Rs 1,564.15, down by 27.24% from the IPO price. Trading of the scrip was halted after it hit the lower circuit in the latter half of market hours.

Why is Paytm listed low?

NEW DELHI: Shares of One 97 Communications, the parent company of Paytm, fell 13 per cent on Monday to touch an all-time low of Rs 672.00 after the Reserve Bank of India (RBI) on Friday barred Paytm Payments Bank from adding new customers with immediate effect due to likely gaps in its technology systems.

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