PAYTM - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | PAYTM | Market Cap | 70,143 Cr. | Current Price | 1,096 ₹ | High / Low | 1,382 ₹ |
| Stock P/E | 212 | Book Value | 199 ₹ | Dividend Yield | 0.00 % | ROCE | -11.8 % |
| ROE | -12.0 % | Face Value | 1.00 ₹ | DMA 50 | 1,114 ₹ | DMA 200 | 1,122 ₹ |
| Chg in FII Hold | -2.35 % | Chg in DII Hold | 2.76 % | PAT Qtr | 145 Cr. | PAT Prev Qtr | 131 Cr. |
| RSI | 47.4 | MACD | 14.2 | Volume | 22,12,816 | Avg Vol 1Wk | 75,74,362 |
| Low price | 803 ₹ | High price | 1,382 ₹ | PEG Ratio | 21.0 | Debt to equity | 0.01 |
| 52w Index | 50.6 % | Qtr Profit Var | 171 % | EPS | -9.98 ₹ | Industry PE | 21.9 |
Chart Patterns & Moving Averages: PAYTM is trading slightly below its 50 DMA (₹1,114) and 200 DMA (₹1,122), showing weakness in sustaining momentum. Price action is consolidating between ₹1,050–₹1,150 with resistance near ₹1,150–₹1,180.
RSI & Momentum: RSI at 47.4 indicates weak momentum. MACD at 14.2 is positive, suggesting short-term bullish bias but not strongly supported.
Bollinger Bands: Price is mid-band, showing neutral volatility with no clear breakout signal.
Volume Trends: Current volume (22.1L) is significantly below average (75.7L), indicating weak participation and fading momentum.
Entry/Exit Zones:
- **Entry:** ₹1,050–₹1,080 (near support zone)
- **Exit:** ₹1,150–₹1,180 (resistance zone)
- **Stop-loss:** ₹1,030 (below support)
Trend Status: Consolidation with weak bias; struggling to reverse upward due to poor fundamentals.
Positive
- PAT improved to ₹145 Cr vs ₹131 Cr.
- DII holding increased (+2.76%).
- MACD positive, showing short-term bullish signals.
- Debt-to-equity very low (0.01).
Limitation
- Extremely high P/E (212) vs industry average (21.9).
- Negative ROCE (-11.8%) and ROE (-12.0%).
- EPS negative (-₹9.98).
- PEG ratio at 21.0 indicates severe overvaluation.
- Weak volume participation compared to average.
Company Negative News
- FII holding decreased (-2.35%).
- Fundamentals remain weak despite PAT improvement.
- Valuation stretched far beyond industry norms.
Company Positive News
- PAT growth quarter-on-quarter (+171%).
- DII inflows show domestic institutional confidence.
- Digital payments sector outlook remains strong.
Industry
- Industry PE at 21.9, far lower than PAYTM’s valuation.
- Fintech sector supported by rising digital adoption.
- Competitors offer stronger fundamentals at lower valuations.
Conclusion
PAYTM is consolidating with weak momentum and speculative signals. Entry near ₹1,050–₹1,080 offers limited upside toward ₹1,150–₹1,180, but fundamentals remain poor with extreme overvaluation. Best suited only for short-term speculative trades with strict stop-loss discipline at ₹1,030.
This HTML report highlights PAYTM’s speculative setup with weak fundamentals and valuation risks. Would you like me to add a comparative overlay vs peers like PhonePe, Razorpay, and global fintech players to benchmark PAYTM’s positioning?