Paytm shares: Paytm’s parent company One 97 Communications results came on the quarter July 22 July, in which the company recorded a net profit of Rs 123 crore. A year ago, the company was at a loss of Rs 839 crore during the same period. That is, for the first time after the listing, the company has been told about pure profits during a quarter. But today i.e. on July 23, the stock market saw a decline in Paytm shares and a day after the result, its shares fell 3 percent.

Paytm’s increased profit

Paytm Ebitda (Operating Profit) has been Rs 72 crore during the quarter of FY 2025-26. If you compare both the previous quarters, then the company was in the operating profit deficit. With this, revenue has increased to 1917.5 crores i.e. 28 percent. Global brokerage firm on Paytm’s shares has increased the ratings to ‘bye’. Its target price has been increased to Rs 1250. On Monday, PTM’s closed market price was Rs 1051, compared to that it increased by 19 percent.

132% jumped shares in a year

Paytm’s stock has seen a jump of about 132 percent in a year. Global firm Bernstein has also set a target price of Rs 1100, advising Paytm shares. Along with this, its stock has been given a rating of outperform. However, McWery has given the target price of Paytm shares below the current level i.e. Rs 760, giving it the rating of the underpaper.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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Karnataka bank share falls: The stock of Karnataka Bank has seen a big decline after the news of the resignation of the CEO and director of the bank on Monday, 30 June. During the early trade, its shares fell down to about 8 percent and its price came to 190 rupees. The bank shares saw a decline of 5.96 percent in the bank shares around 11 am. After that it was trading at the price of 195.28. So far, its stocks have fallen by about 8 percent.

Earlier, it was reported that Karnataka Bank Executive Director Shekhar Rao and CEO Krishnan Hari Hari Sharma have resigned. In an information sent by the Karnataka Bank on June 29, the stock market was told that the resignation of Executive Director Shekhar Rao and the resignation of CEO Srikrishnan Hari Hara Sarma will be effective from July 15.

Share fell due to news of resignation

Srikrishnan Hari Hari Sharma was appointed as the CEO of the bank in May 2023. He has about 40 years of experience in the banking sector and was appointed for a three -year term.

According to Moneycontrol reports, even though the reason behind the resignation of these two officers is being said to be personal, but the main differences between the two top officials and the board regarding a special expenditure of the bank are the reason for this.

Resignation due to estrangement

It is being said that in May of 2025, differences emerged between the two top officials and the bank’s board. It came at a time when a consultant was commented on a consultant hire and a spending of 1.53 crore for other purposes in the Afne note in the wake of the bank’s statutory auditors. Auditors say that this expenditure was not approved by the board as it was out of the jurisdiction of the bank’s hole time directors.

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Multibagger stock: The risk of investing money in the stock market is not a matter of everyone, especially for new players. In this, while on one side, the decision has to be taken according to the market, on the other hand, patience also matters a lot. Today we are going to tell you about the multibagger share, which has rained money within a year. Made investors a millionaire. Yes.

Millionaire in a year

On the last trading day of the previous week, on Friday, its stock closed at Rs 571.05 with a 52 -week high or 5 per cent jump. The price of this stock was just Rs 11. But within a year, with a tremendous return of 5000 percent, investors have been given tremendous profits. Last week, this stock had risen nearly seven percent, while in a month it went up nearly the percentage.

If someone had invested one lakh rupees in the stock of Eltekon International Limited six months ago, then today its price would have been about seven and a half lakhs, that is, there was a benefit of six and a half lakhs on investment of one lakh rupees. Meaning, 655 percent of the returns have been given in six months.

Share did rich

It can be understood that if someone had invested one lakh rupees in the stock of this company, it would have been priced at Rs 50 lakh if ​​it got more than 5000 percent returns in a year. A year ago, where the price of this stock was Rs 11, now it is more than Rs 571. Obviously, this is a chance for investors to get great returns.

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Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)