Paytm's Indian investors hold over 56% stake as domestic ownership rises
One97 Communications left its position unchanged for FY26.
· BS Companies
Paytm remained majority Indian-owned for the third consecutive quarter, with domestic ownership crossing the 50 per cent mark in the March quarter of…
Key facts
- Period
- FY26
The analysis
One97 Communications reported movement of 56% and 50% for FY26. 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 -0.4% on the day at ₹1,708.10, and has returned +23.4% over three months. It sits 8% below its 52-week high. The financial services sector has moved -7.5% over the same period, so One97 Communications is running 30.9 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.
In this story
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