New-age tech shares: Shares of One 97 Communications, the mum or dad firm of Paytm, have been sustaining a gentle upward development not too long ago, leading to good-looking returns for shareholders. During the last 4 weeks, the shares have surged from ₹651 to ₹840 apiece, delivering a 29% return.
Notably, the inventory has closed within the inexperienced for 4 consecutive weeks. It bounced again in March with a achieve of 9.60% after struggling through the first two months of 2025, and the upward momentum has continued into April, with the fill up 7% to date this month. Regardless of the restoration, the inventory stays down 17% for 2025 year-to-date. The inventory completed CY24 with a stellar achieve of 60%.
Mutual funds enhance stake in Paytm to all-time excessive
Home mutual fund homes have reaffirmed their confidence in Paytm, growing their stake to an all-time excessive through the March quarter. Mutual funds have raised their shareholding by 1.9 proportion factors, taking their complete stake to 13.1%, in keeping with the corporate’s newest submitting with the inventory exchanges.
The rise in home institutional curiosity was primarily pushed by Nippon India Mutual Fund and Motilal Oswal Mutual Fund. Nippon India elevated its stake by 0.4 proportion factors to 2.8%, whereas Motilal Oswal added 0.2 proportion factors, elevating its holding to 2.3%.
General institutional possession — together with each home and overseas entities — rose by roughly 1 proportion level sequentially to achieve 69%. The info additionally signifies elevated exercise from different home institutional classes. Insurance coverage corporations raised their participation, with 5 new entities becoming a member of, taking their mixed holding to 2.8 million shares.
Different Funding Funds (AIFs) additionally boosted their complete shareholding from 2.2 million to 2.8 million shares, with two new entities added to the cap desk. These developments replicate constant institutional confidence within the firm’s long-term prospects.
On the non-institutional entrance, retail traders barely diminished their publicity — a standard development during times of heightened market volatility.
Retail shareholding (for investments underneath ₹2 lakh) declined from 11% to 10.4%, whereas high-net-worth retail holdings (above ₹2 lakh) dipped from 2.9% to 2.6%. Director holdings remained unchanged at 9.3%.
Latest developments
In early April, the corporate introduced a partnership with the Better Hyderabad Municipal Company (GHMC) to streamline property tax assortment by deploying over 400 Paytm All-In-One EDC units (card machines).
In mid-March, the corporate’s wholly owned subsidiary, Paytm Cash, acquired approval from the market regulator to function as a analysis analyst. With this registration, Paytm Cash can now supply SEBI-compliant analysis providers, together with funding insights, analysis stories, and data-driven evaluation.
As Paytm regularly recovers from final yr’s disruptions, home brokerage JM Monetary, in its newest report, highlighted three potential regulatory triggers within the coming fiscal yr: the introduction of MDR on high-ticket UPI funds from giant retailers, the lifting of the embargo on Paytm Funds Financial institution, and the granting of a Fee Aggregator (PA) or Fee Gateway (PG) license.
Disclaimer: The views and suggestions given on this article are these of particular person analysts. These don’t signify the views of Mint. We advise traders to examine with licensed specialists earlier than taking any funding selections.
