One 97 Communications Ltd up by 14.99 percent | Espresso

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Espresso Shot of the Day - One 97 Communications Ltd up by 14.99 percent

February 08, 2023
Espresso Shot of the Day - One 97 Communications Ltd up by 14.99 percent

ONE 97 COMMNUNICATIONS LTD 677.60  (+14.99%) BSE – INE982J01020 | 08th February 2023

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One97 Communications Ltd. is India's leading mobile-internet company. Driven by great consumer experience, it offers digital goods & services to mobile consumers under the Paytm brand. One97 also provides mobile mobile advertising, marketing and payments for merchants. One97 is backed by marquee investors SAIF Partners, Intel Capital, SAP Ventures and Silicon Valley Bank and has offices in India, Middle East and Africa


Recent Drivers

  • One 97 Communications (Paytm) on February 8,2023 said its merchant payment volumes (GMV) for January stood at Rs 1.2 lakh crores or $15 billion, up 44 per cent YoY. Also, it disbursed 3.9 million loans in January, up 103 per cent.
  • On February 7, 2023, one 97 Communications reported quarterly net loss of Rs. 435.70 crore in December 2022 up 44.13% from Rs. 779.80 crore in December 2021. The company expects to sustain operational profit growth, company's founder and CEO Vijay Shekhar Sharma said 
  • On February 7, 2023, one 97 Communications reported a quarterly net sale of Rs.1,573.90 crores in December 2022, up 70.89% from the Rs. 921 crores reported in December 2021.
  • Paytm is likely to launch the Unified Payments Interface (UPI) Lite on their mobile applications soon. The maximum limit of one transaction will be Rs 200.
  • Paytm President and group chief financial officer Madhur Deora said that as of February 3,2023 the company has completed a share buyback worth Rs.796 crores. The company's board approved a share buyback worth Rs. 850 crores at Rs 810 apiece.
            (Sources: BSE, Money control, Business Standard)

Technical Force*

  • S&P BSE 200 month till date loss by 0.01%.
  • 3 months avg. BSE volume: 5,00,742
  • Spurt in Volume by more than 8.85 time.
  • Quantity traded: 24,38,482| Deliverable quantity: 6,77,898 (27.80%)
  • Stock price jumped by more than 50 % from a one-year low level: 439.60 (Nov 24, 2022)
  • Daily RSI (14) is in overbought territory today.
  • 52-week-high: 978.65| 52-week-low: 439.60


Key Pivot (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

2016.07

1682.53

1106.67

773.13

197.27

-

-

-

Fibonacci Pivot

1682.53

1335.14

1120.52

982.30

773.13

563.97

425.74

211.12

-


Today’s Close

677.60

SMA

BSE

10 DAY

553.06

20 DAY

549.67

50 DAY

535.38

200 DAY

629.67


Some Key Ratios (Source: BSE)

Market Cap:  43,998.90 Crores

PE:  -

OPM%: -

ROE%:  -

Promoters holding%: -

Prev. Close:  589.25


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The scope and usability of this information/data is time-sensitive and market-based, and as such the same may become outdated for the investment decisions of clients, for which Espresso Financial Services Pvt. Ltd bears no responsibility. References to securities do not constitute a recommendation to buy, sell or hold such securities. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document and should consult his own advisors to determine the merits and risks of such an investment. Espresso Financial Services Pvt. Limited is under no obligation to update the information in this document from time-to-time.

Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.