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Shares of One 97 Communications, the operator of fintech platform Paytm, rose over 3% to Rs 798 on the NSE after reporting a jump in revenue and narrowing losses for the December quarter. The stock has gained over 8% in three sessions. Paytm s losses reduced to Rs 220 crore in Q3, while revenue from operations increased by 38% to Rs 2,850 crore. Analyst Sanjiv Bhasin recommended buying the stock, citing strong EBITDA. CLSA upgraded the stock to buy, highlighting Paytm s diversification and focus on cost reduction. ....
India Business News: Paytm is set to announce its Q3 results, with experts predicting a positive outlook, revenue expansion, and a reduction in losses. Find out the expectations from various brokerages and the potential impact on Paytm's business. ....
Q3 Results LIVE: Some of the biggest companies in India, including HUL, Hind Zinc, Paytm, RBL Bank, and Ultratech, are expected to announce their Q3 earnings later today. Follow our live blog for constant updates ....