Paytm Share Price Gain 4% After Sebi Approves Research Analyst License

Written By: Mobin

Paytm's subsidiary Paytm Money has received research analyst certificate from Sebi. After this news, Paytm's stock saw a jump of 4%.

Introduction

Paytm's share price rose 3.66% to ₹714. The stock is trading above the 5-day and 200-day SMA.

Stock Performance

Paytm Money has received the Research Analyst Certificate under the Sebi (Research Analyst) Regulations, 2014. Its registration number is INH000020086.

Sebi Certification

Paytm stock has declined 27.81% on YTD (Year-to-Date) basis, but this news may support the stock.

Financial Status

Paytm stock is trading below 10-day, 20-day, 30-day, 50-day, 100-day and 150-day SMA.

SMA Analysis

Sebi certification of Paytm Money can prove to be a big milestone for the company. It can bring new opportunities for investors.

Future

Sebi certification of Paytm Money is a positive news for investors. It increases the credibility of the company.

Investors

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