first merchants stock price

At Rs 2,150 per share, Paytm managed to raise over Rs 18,000 crore from new investors last week, but on listing day the stock price crashed over. Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals. First Merchants Corporation information: analysis, Share Price, stock price history, price chart, dividends, financials, key metrics, number of shares.

: First merchants stock price

First merchants stock price
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Market capitalization of First Merchants Corporation (FRME)

Market cap: $2.18 Billion

As of November 2021 First Merchants Corporation has a market cap of $2.18 Billion. This makes First Merchants Corporation the world's 3443th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to mesure how much a company is worth.

Market cap history of First Merchants Corporation from 2001 to 2021

YearMarket capChange
2021$2.18 B7.82%
2020$2.02 B-11.85%
2019$2.30 B36.16%
2018$1.69 B-18.18%
2017$2.06 B34.53%
2016$1.53 B48.63%
2015$1.03 B20.62%
2014$0.85 B5%
2013$0.81 B91.69%
2012$0.42 B76.15%
2011$0.24 B6.68%
2010$0.22 B79.7%
2009$0.12 B-68.95%
2008$0.40 B0.23%
2007$0.40 B-19.19%
2006$0.50 B4.71%
2005$0.47 B-9.39%
2004$0.52 B11.9%
2003$0.47 B26.96%
2002$0.37 B22.23%
2001$0.30 B

End of Day market cap according to different sources

On Nov 28th, 2021 the market first merchants stock price of First Merchants Corporation was reported to be:

Market capitalization for similar companies or competitors

$3.03 B 38.80%🇺🇸 USA
Lakeland Financial Corp logo

Lakeland Financial Corp


$1.79 B-18.00%🇺🇸 USA
First Financial logo

The biggest initial public offering (IPO) in India’s history has not panned out as many investors had anticipated. Indeed, shares in financial technology company One97 (NSE: PAYTM) slumped by over 20% on their first day of trading.

Since then, shares in the parent company of India’s largest mobile payments and commerce platform, Paytm, have fallen further before partially recovering. However, they remain more than 10% below their 18 November IPO price.

In the short run, further heightened volatility seems likely. But, on a long-term view, could the company’s recent share price decline make it an increasingly attractive opportunity?

India’s growth opportunity

Major investors in One97 include Softbank, Alibaba and Berkshire Hathaway. They are likely to have been drawn to the business by its long-term growth opportunities as India’s economy expands at a rapid expected rate.

In fact, the country’s GDP is forecast to deliver stunning growth over the next five years. The IMF currently expects that India’s economic output will be 52% greater in 2026 than it was in 2020. To put that into perspective, the US economy is expected to become 20% larger over the same period. Meanwhile, UK GDP is forecast to grow by 19% between 2020 and 2026.

Growth strategy

This high rate of growth in India’s economy is already translating into opportunities for Paytm’s payment platform. Indeed, the value of mobile payments in India increased by 67% to $478bn in 2020.

Paytm’s growth strategy has focused on attracting small businesses to its payment platform. As a result, the number of merchants using its platform nearly doubled between March 2019 and June 2021. In addition, the company has diversified into other areas including a wealth and investment advisory marketplace that could provide ancillary growth opportunities.

What are the potential threats for Paytm?

However, the upbeat outlook for India’s economy and the country’s growing payments sector has attracted significant competition. For example, Facebook owner Meta and Alphabet’s Google are seeking to increase their market share as demand for mobile payments rises. Their capacity to cross-sell to existing customers, as well as their significant financial strength, may lead to more limited growth opportunities for Paytm in future.

In addition, the introduction of the Unified Payments Interface (UPI) in India could limit the potential for payment providers to differentiate themselves from one another. The UPI system allows money to be easily and safely transferred between bank accounts using a mobile phone. Moreover, Paytm’s move into areas other than transaction services, such as the aforementioned investment advisory marketplace, may present new risks and less reliable revenues.

Can we expect further wild swings in the Paytm stock price?

Since IPO stocks have historically been relatively volatile, it seems likely that One97’s shares will exhibit further wild swings in price over the coming weeks. As such, it may be prudent to adopt a wait-and-see approach towards the company’s shares.

Clearly, the Indian economy has significant growth potential over the coming years. This could create opportunities for payment platforms that may catalyse their financial performance.

However, the threat from heightened competition remains a major risk facing Paytm. It is competing against some of the world’s largest first merchants stock price, which could squeeze its sales growth and profitability in the coming years. As such, its risk/reward opportunity does not appear to be particularly favourable at the present time.



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Daymak stock ipo date

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Paytm share price falls sharply post Q2 results, then recover. Key stock levels to watch



Home / Markets / Stock Markets /  Paytm share price falls sharply post Q2 results, then recover. Key stock levels to watch

2 min read.Updated: 29 Nov 2021, 10:31 AM ISTLivemint
  • In its first earnings report since going public earlier this month, Paytm said its consolidated net loss first merchants stock price Q2 increased to ₹474 crore even as revenue surged 64%

Shares of One 97 Communications Ltd, the parent of Paytm, fell as much as 4.6% today in early trade after the fintech company's net loss for second quarter widened due to a rise in expenses. That comes after shares ended last week 17% below the company’s IPO price of ₹2,150. However, at 9:50 am, Paytm shares pared losses to trade flat at ₹1,780 in line with a recovery in broader markets. 

In its first earnings report since going public earlier this month, Paytm said expenses jumped 37.1% to ₹1,599 crore as its consolidated net loss increased to ₹474 crore, from ₹437 crore a year ago. However, its revenue from operations, however, surged 63.6% to ₹1,086 crore for the quarter ended September.

“Losses is widening for Paytm however it witnessed decent growth on the revenue front. The first merchants stock price is waiting for clarity about the timing of its profitability therefore the volatility may continue however the price behavior is indicating that some funds are accumulating this stock but I will watch out for the high 1955, made on listing day where if it manages to take out this level then we can expect the positive momentum to pick up towards san jose city college academic calendar 2017 level. On the downside, the 1700-1650 area is acting as an immediate demand zone; below this, it is vulnerable to further weakness," said Santosh Meena, Head of Research, Swastika Investmart Ltd.

Chief Executive Officer Vijay Shekhar Sharma highlighted the company’s ramp-up in the key segment of lending -- an important and fast-growing market where digital fintechs such as Paytm are serving millions of consumers and merchants.

Revenue from payments and financial services grew 69% to ₹842.6 crore while commerce and cloud services revenue grew by 47% to ₹243.8 crore.

“We are fully committed to head down and execute and deliver great results quarter-on-quarter, year-on-year forward on that," Sharma said in his opening comments.

"Some of the line items in our payment business are not just profit generating but free cash flow generating," Founder and Chief Executive Vijay Shekhar Sharma said in an earnings call for investors on Saturday.

Paytm raised ₹18,300 crore this month in India's biggest initial public offering, but made a dismal debut on the stock exchanges. The country's biggest IPO was subscribed 1.89 times with institutional buyers including FIIs flooding the share sale with offers seeking 2.79 times the number of shares reserved for them.

(With Agency Inputs)

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Paytm's Q2 net loss widens 8% to Rs 473 crore

Bengaluru: Digital payments firm


on Saturday posted a wider net loss for the fiscal second quarter, even as consolidated revenue from operations rose nearly 64 per cent.

Reporting its first quarterly results as a public company, Paytm said its net loss for the three months to September 30 widened 8 per cent from a year earlier to Rs 473 crore.

Revenue from operations was Rs 1,086 crore, the Noida-based company said in a stock exchange filing.

Paytm had posted a net loss of Rs 382 crore on operational revenue of Rs 890 crore in the fiscal first quarter ended in June.

On a post-results conference call with analysts, cofounder and chief executive Vijay Shekhar Sharma said the company's focus first merchants stock price generating more revenue from existing user base has resulted in the strong year-on-year revenue growth. "Clearly, our platform leverage can be seen with increased contribution margin and better Ebitda margin and continued growth in all key KPIs (key performance indicator)," Sharma said.

In the September quarter, Paytm posted a loss of Rs 444 crore before interest, tax, depreciation and amortisation, compared with Rs 445 crore a year earlier.


Ebitda Margin Improves
Its adjusted Ebitda margin, which excludes certain items, of negative 39 per cent has improved from a negative 64 per cent in the same period last year.

Revenue from payment and financial services rose 69 per cent year-on-year to Rs 842 crore, driven by 52 per cent growth in non-UPI (Unified Payments Interface) payment volumes and a threefold increase in financial services and other revenue, the company said. Badcock home furniture gulfport ms and promotional expenses increased to Rs 185.7 crore compared with Rs 136.5 crore a year earlier. This expense was close to Rs 138 crore in the June quarter of FY22.

Paytm's total expenses for the September quarter were nearly Rs 1,600 crore as against Rs 1,166 crore a year earlier. Group chief financial officer Madhur Deora said its commerce and cloud services revenue increased 47 per cent to Rs 240 crore, largely led by rapid growth in its advertising revenue and continued recovery of its commerce business which includes travel and movie ticketing. "That (commerce) is starting to recover," he said. According to Paytm, it will provide an update on the utilisation of its IPO proceeds from the next reporting period based on actual utilisation of the funds.

On queries around the relatively smaller ticket size of its loans through lending partners - last week, Paytm said it issued 1.3 million loans in October totalling $84 million, or an average of around $65 per loan - the management said it is focused on expanding the number of customers and merchants for lending and that it would increase over a period of time.
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  1. 1 moratorium i took, but not going to apply for second moratorium after watching your video

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