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One 97 Communications Ltd. ( (IN:PAYTM) ) just unveiled an announcement.
One 97 Communications Ltd. has completed the acquisition of remaining stakes in Foster Payment Networks, Paytm Insuretech, and Paytm Financial Services, making them wholly owned subsidiaries. This strategic move simplifies the company’s group structure and extends its control over various financial service entities, potentially strengthening its position in the digital payments and financial services sector.
More about One 97 Communications Ltd.
One 97 Communications Ltd. operates in the digital payments and financial services industry, primarily known for its Paytm brand. The company offers a range of services including mobile payments, insurance, and financial services, focusing on expanding its market presence in India.
Average Trading Volume: 163,235
Technical Sentiment Signal: Buy
Current Market Cap: 822.4B INR
See more data about PAYTM stock on TipRanks’ Stock Analysis page.