One 97 Communications Ltd.'s (Paytm) share price fell 10 per cent in Friday's trading session as it continued its free fall, declining nearly 13 per cent in five
trading sessions. The fall came after concerns surrounding the Payment Infrastructure Development Fund's extension. The PIDF scheme was used to incentivise the deployment of payment infrastructure and was extended until December 2025. However, there's no clarity on further extension as of yet. In response to the concerns and recent fall in its share price to uncertainty around the PIDF scheme, Paytm issued a clarification to the exchanges stating that it has been recognising incentives strictly in line with the Reserve Bank of India’s circular on eligible spending for deploying payment acceptance devices. The company said the scheme, targeted at rolling out Soundboxes, EDC machines and other payment devices across Tier‑3 to Tier‑6 locations, as well as regions such as the Northeast and the Union Territory of Jammu, Kashmir and Ladakh, is valid until December 31, 2025. Paytm added that it recorded Rs 128 crore in incentives under the scheme for the six months ended September 30, 2025, and emphasised that there has been no announcement from the RBI regarding any extension or replacement of the scheme so far. It noted that if the scheme is not continued beyond its current validity, it expects a significant impact on the corresponding incentives going forward. "At the present time, there is no announcement by the RBI or other authorities on extension or replacement of this Scheme. In the scenario that the current Scheme is not extended or replaced, we expect to significantly offset the impact over time through a combination of higher revenues and more targeted sales efforts," the company said in the exchange filing.
Paytm Stock Performance
Paytm’s stock has seen significant volatility across time frames. Over the past week, the stock delivered a steep negative 13.07 per cent return, sharply underperforming the Nifty Midcap 50, which fell 4.25 per cent during the same period.The one‑month trend shows a similar pattern, with Paytm declining 12.92 per cent compared with the index’s 5.58 per cent drop. On a year‑to‑date basis, the stock is down 9.65 per cent, again trailing the Nifty Midcap 50’s decline of 5.33 per cent.
However, longer‑term performance remains strong, Paytm has gained 37.45 per cent over the past year, outpacing the index’s 9.40 per cent, and has delivered a 114.52 per cent return over the three‑year period versus the Nifty Midcap 50’s 86.82 per cent. .
Paytm’s latest trading data reflects strong activity in the market, with a traded volume of 127.58 lakh shares and a traded value of Rs 1,514.12 crore during the session. The company currently commands a total market capitalization of Rs 73,760.65 crore, while its free‑float market cap stands at Rs 46,707.65 crore, highlighting the portion of shares readily available for public trading.
The stock's Relative Strength Index was 29. Notably, an RSI above 70 indicates that the stock is overbought, and below 30 indicates the stock is oversold. Meanwhile, 30 to 70 indicates a neutral zone, with 50 often indicating no strong trend.
Paytm will announce its Q3 FY26 results on January 29, while the company’s earnings call is scheduled for January 30, 2026, at 8:00 AM
Paytm is among India's leading financial technology companies, which commenced operations in 2010, offering a vast digital ecosystem for payments, financial services, and e-commerce for its customers via its mobile app and payment systems like QR codes and soundboxes..
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
