Synopsis:
Shares of One97 Communications Ltd, the parent of Paytm, rose over 2% to Rs 999 on Tuesday, extending gains for the fourth straight session. The rally comes amid expectations of its re-inclusion in the MSCI Standard Index, which could bring in passive inflows of up to $212 million during the August reshuffle.
The shares of a leading digital payments and financial services platform rose over 2% on Tuesday, extending gains for the fourth straight session amid buzz of a potential MSCI Standard Index inclusion.
With a market capitalisation of Rs 63,600 Crores, the share price of One 97 Communications Ltd jumped over 2% on Tuesday to hit an intraday high of Rs 999.00 per share from the previous day’s closing price of Rs 975.65 per share.
What’s the News
The Shares of One97 Communications Ltd., the parent company of Paytm, rose for the fourth straight session on Tuesday, July 15, as investors reacted to potential index-related flows.
Brokerage firm Motilal Oswal stated that there is a “high” probability of Paytm being re-included in the MSCI Standard Index from the Smallcap Index during the upcoming August rejig.
If the inclusion materializes, it could trigger passive inflows of up to $212 million into the stock. The MSCI is scheduled to announce changes on August 8, with adjustments set to take effect on August 26.
About the Company
One97 Communications Ltd, the parent of Paytm, is India’s leading digital payments and financial services platform. It powers over 20 million merchants and serves more than 300 million users, offering services like bill payments, recharges, money transfers, and ticket bookings.
The company aims to bring 500 million underserved Indians into the mainstream economy. In FY25, Paytm reported a net payment margin of Rs 578 crore and a GMV of Rs 5.1 lakh crore. Its merchant device base grew to 1.24 crore, with 8 lakh new additions in the March quarter.
Key focus areas include expanding merchant payment solutions, growing its user base through innovation, scaling financial services, and exploring international markets for long-term growth.
The company reported a revenue of Rs 6,900 crore in FY25, down by 30.8 percent from its FY24 revenue of Rs 9,978 crore. Coming to its profitability, the company reported a net loss decline of 53.4 percent to Rs 663 crore in FY25 from Rs 1422 crore in FY24.
Written By: Rohan Pandey
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