Paytm Share Price Today on 12-11-2024: At 12 Nov 16:02 today, Paytm shares are trading at price ₹789.75, -3.71% down from the previous closing price. Sensex is trading at ₹78675.18, down by -1.03%. The stock has hit a high of ₹840 and a low of ₹787 during the day.
On the technical front, the stock is trading above the 10,20,50,100,300 days SMA & lower than the 5 day SMA. The stock will have support at 10,20,50,100,300 days SMA & face resistance at 5 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 791.11 |
10 | 770.56 |
20 | 748.13 |
50 | 697.94 |
100 | 586.78 |
300 | 512.85 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹824.32, ₹858.73, & ₹877.62, whereas it has key support levels at ₹771.02, ₹752.13, & ₹717.72.
Till 4 PM today, the volume traded on NSE & BSE for Paytm was -54.31% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong bullish trend.
From a fundamental analysis perspective, the company has a ROE of -10.76% & ROA of -8.10% respectively.
The median 1-year forecasted upside in this share is at 17.44% with a target price of ₹652.00.
The company has a 0.00% promoter holding, 0.08% MF holding, & 18.02% FII holding as per filings in the september quarter.
The MF holding has increased from 0.04% in june to 0.08% in the september quarter.
The FII holding has decreased from 20.48% in june to 18.02% in the september quarter.
Paytm share price down -3.71% today to trade at ₹789.75 while its peers are mixed. Its peers such as Muthoot Finance, SBI Cards & Payment Services, Housing & Urban Development Corporation are falling today, but its peers Sundaram Finance are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.07% & -1.03% each respectively.
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