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Wednesday paytm1/31/2024 ![]() ![]() MOSL also addressed the recent fluctuations in Paytm's share prices, stating that the market reaction might have been overstated. It noted that market reactions often exhibit exaggeration, whether in fear or greed. MOSL commended Paytm's recent strategic move, suggesting that it not only benefits the leading payments platform but also has positive implications for other non-banking financial companies (NBFCs). Motilal Oswal: The brokerage has retained its positive view on the stock but has cut its target price to ₹1,025, implying a massive potential upside of 71 percent. ![]() However, the target prices of various brokerages for the stock vary from ₹830 to ₹1,120. This indicates that while there may be concerns or adjustments in their outlook for Paytm, analysts have not completely turned bearish on the stock. Despite these downgrades, it's notable that none of the analysts have issued a "sell" recommendation on the stock. The recent decline in Paytm's share price has prompted analysts to either downgrade their recommendations or adjust their price targets for the stock over the next 12 months. Read here: Paytm cuts small-ticket loan portfolio: What that means for stock - explained Fundamental View These announcements provide insights into Paytm's efforts to adapt to market changes and diversify its loan offerings amid challenging market conditions. The company also highlighted increased demand for low-risk personal loans and merchant loans. Concerns persist regarding the departure from small ticket-size BNPL loans, reflecting uncertainties and challenges associated with the strategic shift.ĭuring a recent analyst call, Paytm revealed strategic plans to meet the growing demand for higher ticket-size loans ranging from ₹3 lakh to ₹7 lakh. The strategic shift away from small ticket Buy Now, Pay Later (BNPL) loans is expected to have a significant impact on the platform's overall loan originations, as small ticket-size BNPL loans constitute over 50 percent of total disbursements.Īlthough Paytm has outlined plans to expand its credit distribution business by focusing on higher ticket loans for consumers and merchants in collaboration with banks and NBFCs, analysts remain cautious. The decline in investor confidence is linked to recent brokerage downgrades, triggered by Paytm's decision to scale back small-ticket loans in response to regulatory changes. Read here: Paytm share price down 38% since October highs. It studies various charts of various time frames to reach a prediction value.Despite this recent decline, the stock has shown a 17 percent increase in the last 1 year and a 12 percent rise in the year-to-date performance for 2023. The AI algorithm does a complete analysis of charts of the stock, and determines where the stock might go in future. ![]() The AI Munafa prediction value is a complicated algorithm. How is AI Munafa prediction value determined? If the AI Munafa prediction value is near 50, then the stock might show a sideways movement. However, if this AI prediction value is near or nearing 10, then this stock might very well show a downward movement. If this AI Munafa prediction value is near or nearing 100, then this stock might show an upward movement. AI Munafa prediction value: 45 as on Fri 29 December 2023 There is a good chance that this trend might continue in coming days. This generally happens when there is a positive sentiment change, or a block deal went through. Tomorrow's movement Prediction of One 97 Communications Ltd PAYTM made a big move recently. Price is below an important level of 646.95 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of One 97 Communications Ltd PAYTM appears to be in downtrend. ![]()
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