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News Topical, Digital Desk : Paytm Shares today: There was a big movement in the shares of digital payment company Paytm. As soon as the market opened on Tuesday, May 13, about 2 crore shares i.e. 41.% equity was traded in this stock. This sale of Paytm shares has been done by Antfin and this block deal is worth about Rs 2,200 crore. After this block deal in Paytm stock, there was a sharp decline of more than 4% in the stock. CNBC-Awaaz had given information about the block deal in this stock a day earlier i.e. on May 12, quoting sources.
According to sources, the share price for this sale was fixed at ₹ 809.75, which was 6.5% lower than the previous closing price. Last week, Paytm also announced its fourth quarter (January-March 2025) earnings.
Paytm Q4 Earnings: During the January - March quarter, the company's revenue declined by 15.7% to ₹ 1912 crores, from ₹ 2267.1 crores last year. However, the company's other income increased to ₹ 223.8 crores, from ₹ 131.7 crores last year. Paytm's gross merchandise value (GMV) stood at Rs 5.1 lakh crore. The number of merchants using the company's payment device reached 1.24 crores, which is 8 lakh more than the previous quarter. The company's net payment margin stood at ₹ 578 crores, which includes UPI incentives.
Paytm share today: On Tuesday, Paytm shares fell 4% to a low of ₹ 830.55. At 9:20 am, the stock was trading 2.1% down at ₹ 847.6. However, after some time, the stock also saw a recovery as the market recovered from the lower levels. Nevertheless, Paytm shares have gained 12.5% in the last six months.
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