Stock Prices Soar: Paytm Reaches New 52-Week High at Rs. 1,178.30, Marking a 5.21% Increase
Paytm's Share Price Surges Amidst Positive Outlook
Paytm's share price saw a significant boost on August 13, 2025, following the Reserve Bank of India's approval for Paytm Payments Services (PPSL) to operate as an online payment aggregator. The approval has lifted the merchant onboarding restrictions placed on PPSL in November 2022, although the company must complete a system audit, including cybersecurity checks, within six months to secure final authorisation.
The intraday high of Paytm share price on August 13 was Rs. 1,187, while the stock's closing price was Rs. 1,120. At 11:42 a.m. on the same day, the share price stood at Rs. 1,178.30. The surge in the share price resulted in a 5.21% increase from the previous close.
The stock's beta of 1.36 is higher than the market, indicating higher volatility. Strong trading interest was observed with 13.10 million shares changing hands, translating into a total traded value of Rs. 1,54,481 lakh. The volume-weighted average price (VWAP) stood at Rs. 1,170.49.
Current analyst projections for Paytm's share price indicate cautious optimism. With 41% of the 17 brokerages recommending buying, 35% suggesting holding, and 24% advising selling or underperforming, the price targets range roughly between ₹920 and ₹1,350. These projections remain below the IPO price of ₹2,150.
Analysts are encouraged by Paytm’s recent turnaround to profitability, with projected PAT exceeding Rs 18.9 crore for Q1FY26 and year-on-year revenue growth of about 27%, driven by payments and financial services expansion.
Positive sentiment is driven by technical charts suggesting an uptrend, Paytm trading above major moving averages, and a rising RSI indicator. Brokerages like JM Financial and Emkay Global have retained "buy" ratings, with target prices of ₹1,200 to ₹1,350, citing growth in payments, loans, and improving asset quality in loan portfolios.
However, CLSA, while raising its price target moderately to ₹920, downgraded its rating due to concerns about rising costs and the recent 20% price upmove diluting further upside. Analysts caution that reclaiming the IPO price requires sustained earnings growth, clear resolution of regulatory issues, and expansion in lending partnerships.
A SEBI-registered analyst notes technical resistance near ₹1,150, suggesting potential hurdles before a strong breakout rally. The recent exit of Chinese investor Antfin from Paytm may ease regulatory concerns, potentially improving investor confidence.
Overall, while the near-term outlook is positive with improving fundamentals and earnings, most analysts view the price levels as below IPO highs, indicating expectations of further work and growth needed before Paytm can reclaim or exceed its IPO valuation.
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