Paytm Shares Decline Nearly 4% Following Large Trade, SAIF Partners' Stake Reduced

Paytm Shares Fall 4% After SAIF Partners Announces Block Deal

On May 22, shares of fintech firm Paytm fell nearly 4% after 1.3% equity changed hands in a large trade. The decline in the stock price comes after SAIF Partners announced plans to sell around 86 lakh shares in Paytm, representing nearly a 1.3% stake, at a floor price of Rs 1,120.65 per share through a block deal.

According to reports, the floor price represents a 3% discount from the May 21 close. At 10:05 am on May 22, Paytm shares were trading 3.8% lower at Rs 1,112 apiece. The proposed stake sale by SAIF Partners includes a 30-day lock-up period for the seller.

SAIF Partners India Iv Limited had a 4% stake in the company as of March 31, 2026, as per exchange data. This move comes at a time when sentiment around the stock has improved significantly following a sharp turnaround in the company's financial performance. The proposed stake sale follows positive developments for the company, including a recent upgrade in rating by a leading brokerage firm.

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Goldman Sachs Reiterates "Buy" Rating on Paytm

Earlier this week, brokerage firm Goldman Sachs reiterated its "buy" rating on Paytm with a target price of Rs 1,400 per share, implying upside potential of over 26% from current levels. The brokerage firm cited Paytm's expected revenue growth to accelerate in FY27, supported by operating leverage, merchant lending growth, and improving monetization across its payments business.

Paytm's recent financial performance has been a significant positive factor for the stock. The company recently reported its first-ever full-year profitability, with a net profit of Rs 184 crore for the March quarter, compared with a loss of Rs 540 crore a year earlier. The company's profit after tax for FY26 stood at Rs 552 crore.

Improved Operating Efficiency and Cost Discipline

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Paytm's improved financial performance is also reflected in its operating efficiency and cost discipline. The company's EBITDA for the quarter came in at Rs 132 crore, against a loss of Rs 88 crore in the corresponding period last year.