Tata Motors Share Price Today on March 5: Tata Motors demerger impact, Nomura makes big comment

Posted on March 5, 2024 by Sachin Kumar

Tata Motors Share Price Today: Tata Motors has announced the split of its business into two segments – commercial vehicles (CV) and passenger vehicles (PV). According to the company’s assessment, this will be a big step but market analyst rating agency Nomura has given a big statement on this step of Tata Motors. There is decent demand for CV, JLR and PV vehicles in India and all rivals have their own markets. Therefore, this demerger plan of Tata Motors will not be able to do much.

Tata Motors Share Price Today

Tata Motors Share Price Today: Nomura estimates that individual businesses will have the freedom to pursue their strategies more effectively in the medium term. The analysis looks optimistically at the PV business for value creation in the coming years. Tata Motors’ PV segment has seen a significant turnaround since 2020, with its market share rising to 13.5% by the ninth month of FY2024. Nomura attributes this success to the company’s focus on safety, attractive design and feature-rich vehicles.

According to the brokerage firm, Tata Motors could become India’s second largest PV manufacturer by financial year 2025-26 as it aims to increase its penetration in the electric vehicles (EV) sector in the country. Nomura has currently maintained the target price of ₹1,057 on Tata Motors.

Tata Motors Share Price Today: Currently, with more than 70% market share, Tata Motors is actively contributing to the growth of the EV sector in India. The company aims to introduce 10 EV models in its portfolio by FY 2026 and make 50% or half of its total vehicle production EVs by 2030. If these plans are successfully implemented then adequate value creation capability can be achieved.

Despite the PV business having an EBITDA margin of 6.5%, the overall margin has been impacted by negative EV margin (-8.2% in Q3). Nomura expects EV margins to improve over time, especially as losses from product development costs subside. Additionally, the CV business may see a re-rating due to growing market share and increased profitability.

Tata Motors Share Price Today: The demerger, to be executed through the NCLT arrangement scheme, is seen as the next logical step after the first subsidization of PV and EV businesses in 2022.

The demerger will be presented to the TTMT Board of Directors for consideration and approval from shareholders, creditors and regulatory authorities will be required to complete it. If everything goes well, the process will take 12 to 15 months to complete.

Yes Bank Share Price on Feb 29; After two days of decline stock show some positive move

Posted on February 29, 2024 by Team NC

Yes Bank Share Price: The prices of Yes Bank shares have witnessed a sudden jump in the past week. It has risen nearly five rupees or nearly 72% in one week. The reason behind this jump in prices could be the private lander’s recent announcement about its revenue.

Share Name	Yes Bank
Last Trading Price (LTP)	₹24.30
Growth in percentage	72%
Experts’ Guess	up to ₹25

The bank recently disclosed that it has received ₹120 crore from the sale of NPA portfolio to J C Flowers Asset Reconstruction (JC Flowers ARC). After this announcement, its prices almost skyrocketed.

Profit earned so far

The bank had registered a 47.4 percent increase in net profit to ₹225.21 crore, as against ₹152.82 crore in the year-ago period. The net interest income (NII) of the bank increased by 3.3 percent to ₹1,925 crore in the second quarter of the financial year 2023-24.

Yes Bank Share Price: Share prices soar

The share price has also increased significantly in the last one month. The share price has reached ₹16 to ₹20 in a month. The share has given a return of more than 18.50 percent in one month. The 52 week low price of Yes Bank shares on NSE is ₹14.40 while its 52 week high price is ₹24.75.

The shares of Yes Bank are witnessing unprecedented moves these days. Recently they have hit the life time high and when experts predicted some more surge, the shares started declining. Future is still uncertain, hence, experts have suggested investors be cautious.

How to cancel Paytm Fastag: Know each and everything

Posted on February 19, 2024 by Aayansh Singh

How to cancel Paytm Fastag: The Reserve Bank of India (RBI) has imposed several restrictions on the payment platform Paytm including inactivation of Paytm Payments Bank Limited (PPBL), which is under investigation.

Meanwhile, the National Highways Authority of India (NHAI) has also excluded PPBL from its list of Fastag providers. After this, users will have to start Fastag service as soon as possible by choosing any one of the other 32 banks under the purview of NHAI.

Also, due to NHAI’s ‘One Vehicle, One Fastag’ rule, it has become even more necessary to discontinue Paytm Fastag.

Last month, an RBI report had highlighted allegations of non-compliance against PPBL. It has also been recommended to suspend its operations till February 29.

However, RBI later extended the suspension deadline to March 15 instead of February 29. Currently, users can use their Paytm Fastags till March 15, after which they will be automatically deactivated, and it will not be possible to recharge or top up.

Clouds of crisis loom over Paytm; This brokerage firm takes strong step

How to cancel Paytm Fastag: That is why it is important that users close their PPBL Fastag account in time and demand a refund so that the refund is ensured by Paytm within the time limit.

Remember that after one Fastag is discontinued, vehicle owners can apply for or get another Fastag.

How to cancel Paytm Fastag

How to cancel Paytm Fastag: Users can close their Paytm Fastag account through the Paytm app without any hassle. For this they have to follow the following steps:

To close Paytm Fastag account go to your profile in your Paytm app
Now select the option ‘Help and Support’
Then click on Banking Services and Payments
Then click on Fastag
Finally to deactivate your Paytm Fastag account click on “Chat with us” option and request for deactivation.
Additionally, users can also close their Paytm FASTag account by logging in to the Paytm FASTag portal and providing their FASTag number, registered mobile number and verification details and selecting I want to close my FASTag profile under “Help and Support” option.

These steps are aimed at guiding Paytm FASTag users in smoothly transitioning away from PPBL and ensuring compliance with regulatory changes in the FASTag ecosystem.

Paytm Payments Bank News: Clouds of crisis loom over Paytm; This brokerage firm takes strong step

Posted on February 19, 2024 by Aayansh Singh

Paytm Payments Bank News: Brokerage firm Jefferies Financial has suspended its coverage on Paytm operator One97 Communications Ltd.

The company said that it will not give it any kind of rating until the situation of the struggling Indian fintech improves.

With the move, Jefferies becomes the first major foreign brokerage to drop coverage on Paytm, moving the stock to “Not Rated” status.

The decision comes weeks after Jefferies downgraded Paytm to underperform last month following a Reserve Bank of India order directing Paytm Payments Bank to shut down its significant operations due to non-compliance.

Paytm Payments Bank News

Paytm Payments Bank News: Jefferies analysts Jayant Kharote and Prakhar Sharma emphasized the impact of Paytm losing its banking license, saying the business model will now resemble that of pure payment service providers.

He expects Paytm’s focus to shift towards customer retention and speculates that the company can use its substantial cash reserves of ₹85 billion (US$1 billion) to ensure user retention.

Paytm share price today on Feb 20

Paytm shares have seen a sharp decline since the unexpected regulatory intervention by the Reserve Bank of India, losing more than half of their value.

In an effort to save its merchant payment settlement operations, crisis-hit Paytm has partnered with Axis Bank to replace its affiliate, Paytm Payments Bank.

Paytm Payments Bank News: Despite the challenges, Paytm shares experienced a daily range gain of 5 per cent in Monday’s trade, indicating some positive market response to its efforts.

The Reserve Bank of India has given time till March 15 to Paytm Payments Bank to stop all transactions.

Initially directed to shut down operations on February 29, the extension allows no further deposits, credit transactions or top-ups into customer accounts after March 15, 2024.

RBI clarified that the exceptions include interest, cashback, sweep-in from participating banks.

Paytm share price today on Feb 20: Stocks continue to fall; Investors under pressure

Posted on February 19, 2024 by Aayansh Singh

Paytm share price today: The shares of payment platform Paytm are continuing to fall, due to which investors are starting to worry. On Wednesday, the company’s shares witnessed a severe lower circuit of 10 per cent, setting a new all-time low of Rs 344.1.

Paytm share price today

However, there was a slight recovery later and by around 10:11 AM, Paytm shares were trading at Rs 343.6, showing a decline of 9.6 per cent. This huge decline of around 55 per cent is mainly due to the regulatory constraints imposed by the Reserve Bank of India (RBI) on the company’s subsidiary Paytm Payments Bank.

Paytm share price today: In response to the crisis in Paytm’s stock price, RBI Governor Shaktikanta Das said that this decision is final regarding regulatory action against the company and there will be no further review on it. Das said that RBI takes any action only after proper investigation.

Read also: Yes Bank Share Price on Feb 20; After two days of decline stock show some positive move

Paytm shares had reached a peak of Rs 998.3 in October last year, but within just three months the stock saw a huge fall of 65.5 percent. Comparatively speaking, the stock saw a huge decline of 85 percent from its issue price of Rs 2,150.

Paytm share price today: Recently, global brokerage company Macquarie has given ‘underperform’ rating to Paytm with a target price of Rs 275, which is a matter of concern for the company.

Macquarie’s downgrade is based on three important factors:

Paytm is at risk of losing a large number of customers following the RBI action, posing a serious threat to its monetization and business model.
The brokerage firm has revised its loss estimates for FY25E and FY26E by 170 per cent and 40 per cent respectively, taking into account the sharp decline in revenues due to lower payment and distribution revenues.
Macquarie has assumed a 50 per cent cash burn rate and applied a 20x P/E multiple to normalize earnings from Paytm’s delivery business.

Paytm share price today: In view of all this, experts advise to exercise caution and not to invest in Paytm shares and avoid speculative activities in the market. The future of the company remains uncertain.