2024 Review: Paytm emerges as top turnaround stock, rockets …

2 days ago · 2024 Review: Paytm emerges as top turnaround stock, rockets 220% from all-time low One 97 Communications, parent of Paytm, rebounded from a record low in May to a three …

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2024 Review: Paytm Emerges As Top Turnaround Stock, Rockets …

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2 days ago · 2024 Review: Paytm emerges as top turnaround stock, rockets 220% from all-time low One 97 Communications, parent of Paytm, rebounded from a record low in May to a three …

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Paytm Hits Highest Level In Calendar Year 2024; Zooms 169% In 6 …

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Nov 8, 2024 · Shares of One97 Communications, which owns and operates fintech platform Paytm, rallied 7 per cent to Rs 849.50 on the BSE in Friday’s intra-day trade amid heavy …

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Paytm Stock | Analysts Confident About Paytm’s Turnaround

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Jan 14, 2023 · Additionally, Paytm reported disbursing loans worth Rs 3,665 crore, or $443 million, for the month. Paytm’s revenue from operations jumped 76% in the September quarter …

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New-Age Tech Stocks Rally In The First Week Of 2024, Paytm …

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Jan 7, 2024 · SUMMARY. Fifteen out of the 19 new-age tech stocks under Inc42’s coverage gained in a range of 0.3% to over 12% this week, with Fino Payments Bank emerging as the …

inc42.com

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3 Turnaround Stocks With 151% To 600% Upside In 2024, …

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Jan 9, 2024 · The third turnaround stock with monumental upside in 2024, based on the call of one Wall Street analyst, is pet-focused products and services company Petco Health and …

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Paytm 2023: Ends On A Sombre Note, Can It Turn The Tide In 2024?

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Dec 26, 2023 · Following this, Paytm decided to scale down its postpaid loan vertical, which resulted in the stock losing steam and its market cap falling back to the $4 Bn level. As of …

inc42.com

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2024 Review: From Rock Bottom To Market Darling - MSN

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2024 Review: From rock bottom to market darling – Paytm soars 220% from low, emerges as top turnaround stock. ... Paytm emerges as 2024’s top turnaround stock, rockets 220% from all …

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3 Potential Turnaround Stocks To Buy For Big Rewards In 2024

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Dec 20, 2023 · The Nasdaq, for example, gained about 44% in 2023 — all as tech stocks rocketed higher on the artificial intelligence story.The S&P 500 gained about 25% for the year. …

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FAQs about 2024 Review: Paytm emerges as top turnaround stock, rockets … Coupon?

Is Paytm a good stock to buy in 2024?

One such standout performer of 2024 is One 97 Communications, the parent company of Paytm, which has made an impressive comeback in recent months. After plunging to an all-time low in May, Paytm's stock staged a stunning rally, reaching a three-year high by December. ...

Will Paytm increase earnings per share in 2024?

Over 30 Nifty500 stocks rise 100%-320% in 2024 Bernstein expects Paytm to expand its lending operations and improve payment margins, potentially doubling its base-case earnings per share (EPS) estimates. ...

How has Paytm outperformed the market in the past six months?

In the past six months, Paytm has outperformed the market by surging 169 per cent, as compared to 8 per cent rise in the benchmark index. The stock had hit a 52-week low of Rs 310 on May 9. One 97 Communications provides payment solutions, hotel booking, top-ups, data processing, gaming, mobile content, and bill payment services globally. ...

Why did Paytm's stock hit a three-year high in December?

After plunging to an all-time low in May, Paytm's stock staged a stunning rally, reaching a three-year high by December. This turnaround reflects a mix of intense selling pressure earlier in the year and a surge of renewed optimism among Dalal Street investors in the latter half. ...

How many employees did Paytm sacked before stepping into 2024?

Amid all these, Paytm sacked over 1,000 employees a few days before stepping into 2024, citing the increased usage of AI-led automation. However, the company also claimed that its core payments business may see an increase of 15,000 employees in the coming year. This also coincided with Sharma upping his stake in the company. ...

How did Paytm recover from a record low in May?

One 97 Communications, parent of Paytm, rebounded from a record low in May to a three-year high in December, achieving 162% returns. The recovery was driven by improved business prospects and regulatory approvals, despite earlier challenges including an RBI ban. ...