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Paytm Stock: SoftBank Sells 2% Stake; Paytm Shares Down By 4 %

It held a 17.5% stake in Paytm in September 2022 later it trimmed its ownership through multiple open market deals. After this sale, the company s stake in Paytm’s parent One97 Communications went down to 2.83 percent from 5.01 per cent earlier. ....

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paytm: Paytm parent One 97 Communications' quarterly loss nearly halves to Rs 358.4 crore, revenue up 39%

Revenue from operations for the payments major stood at Rs 2,341.6 crore for the June quarter, a 39.4% increase on year. Operational revenue growth for the firm, however, fell almost 5% on a sequential basis for the recently concluded quarter. ....

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