Paytm shares: One97 Communications stock sinks 5% on this UPI MDR news; buy, sell or hold? Experts' view, target price
One97 Communications left its position unchanged.
· LiveMint Markets
Paytm shares are under selloff heat due to the news reports of UPI MDR delay, say…
The analysis
One97 Communications reported movement of 5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -5.2% on the day at ₹1,641.00, and has returned +34.0% over three months. It sits 11% below its 52-week high. The financial services sector has moved -7.7% over the same period, so One97 Communications is running 41.7 points ahead of its peers.
For One97 Communications, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.
Market context
- The company directly in focus is PAYTM.
- Sector exposure: Financial Services.
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