Paytm stock gains 4% as One97 Communications plans to offload movie ticketing business, leading to positive market reactions. Zomato stands to benefit from potential user base growth through the deal with Paytm. Analysts see the Zomato-Paytm deal as mutually beneficial, with UBS maintaining a buy call on Zomato. Zomato also eyes integrating Paytm Insider to enhance loyalty and event discovery. Paytm shows signs of recovery by shifting focus to UPI for growth, but faces risks highlighted by Emkay if the deal with Zomato materializes.
#TechWithMC | @Paytm sees green shoots of improvement in company's key metrics but not out of the blues yet. Here's more on it 🔽 https://t.co/srNZpJeTQS @AnandJRAnand @nainasood | #Paytm #DigitalPayment #UPI
Paytm | CMP: Rs 410 | Shares of the fintech extended losses for a third straight session, falling up to 2.5 percent, with an Emkay note highlighting the risk to customer traffic if a deal with Zomato for the movies and event ticketing business goes through.
#TechWithMC | 📈 Paytm sees signs of recovery as it shifts focus from mobile wallet to UPI for growth. Know more on it here⤵️ https://t.co/srNZpJeTQS #Paytm #mobilewallet #UPI #growth
#TechWithMC | Zomato eyes Paytm Insider to boost loyalty with integrated rewards, enhance discovery of events, & cross-sell food 🍔🎟️ Read here👇 https://t.co/hwofcXwnOf #Zomato #PaytmInsider #Integration #events #food
#CNBCTV18Market | #Zomato buzzing in trade, stock up more than 2% https://t.co/jCT4zSGSwP
#CNBCTV18Market | 📢 UBS maintains a buy call on Zomato. Says acquisition of Paytm’s ticketing business fits in well with the company's ‘going-out’ offering https://t.co/Z8sFwSpZqQ
#Zomato-#Paytm deal will be a win-win for both companies: #PankajMurarka https://t.co/Chns4H5nUk
Explained: Why Paytm, Zomato shares jumped in early trade https://t.co/eXw4G5HTkM
#Paytm shares rise on two positive developments; ⚡️Stock up 25% in a month Here's all you need to know👇 https://t.co/0heyTJy4cT https://t.co/w1rABtE8Hu
#OnCNBCTV18 | #Zomato will gain significant user base with #Paytm’s entertainment biz, a potential loss due to acquisition can have a negative short-term impact on Zomato Not much upside in BPC biz for Nykaa Karan Taurani, #ElaraCapital to CNBC-TV18 https://t.co/cmHuyazWKE
#MarketsWithMC | Paytm stock gains 4%, Zomato share price up 1% as One97 Communications seeks to offload movie ticketing business. Know more 👇 https://t.co/PqNlHiEnnG #Markets #StockMarket | @Paytm @zomato