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Foreign institutions bought 85.98 lakh shares of One97 Communications at Rs 1,120.65 apiece via block deal. SAIF Partners' holding drops to 12.18% as Elevation Capital also pares stake. Trade follows Paytm's Q4FY26 profit of Rs 183 cr on FY26 revenue of Rs 8,437 cr, signalling foreign appetite as legacy VCs cash out.
NDTV Profit · 5/23/2026, 2:40:06 PM
Foreign banks and domestic MFs bought 85.98 lakh shares of One97 Communications at ₹1,120.65 apiece via block deals, while SAIF Partners pared its holding to 12.18% and Elevation Capital trimmed exposure. The churn follows Paytm's FY26 turnaround: ₹183 cr Q4 profit and revenue up 22.2% to ₹8,437 cr.
The Hindu BusinessLine · 5/23/2026, 12:28:30 PM
Goldman Sachs, Societe Generale, Citi and domestic MFs including Sundaram and Nippon India picked up 85.98 lakh shares of One97 Communications at ₹1,120.65 apiece via block deals. Early backer SAIF cut its holding to 12.18% as Paytm posts Q4FY26 profit of ₹183 cr on FY26 revenue of ₹8,437 cr.
Business Standard · Companies · 5/23/2026, 12:13:17 PM
Early backer Elevation Capital sold 56.22 lakh Paytm shares at ₹1,120.65 via block deal, just as the fintech posted its first profitable year (₹552 Cr FY26 net profit on ₹8,437 Cr revenue). Stock slipped 3.7% to ₹1,112.50 on the exit signal.
Inc42 · 5/22/2026, 4:38:15 PM
An 8.6 million-share block deal (~1.3% equity) priced at a ₹1,120.65 floor moved roughly ₹964 crore ($110M) in Paytm stock, dragging shares down 5%. Comes despite maiden full-year profit of ₹552 crore in FY26 on revenue of ₹8,437 crore (+22% YoY), as Antfin, Saif, Elevation and Citi taper holdings.
Mint · Markets · 5/22/2026, 9:43:59 AM
FSN E-Commerce posted Q4 net profit of Rs 78.4 cr vs Rs 20.3 cr YoY on revenue of Rs 2,648 cr (+28.4%). Beauty grew 27%, fashion 40% with maiden EBITDA profitability. Jefferies raised TP to Rs 350; Citi and Macquarie stay bearish. Stock up 4.04% to Rs 281.10, +38% over 12 months.
NDTV Profit · 5/22/2026, 6:43:33 AM
Paytm shares fell 3% to Rs 1,125.20 on heavy turnover as early backers Saif Partners and Elevation Capital reportedly offloaded 86 lakh shares (1.3% equity) worth Rs 963.6 crore. Citigroup acted as placement agent at a floor of Rs 1,120.65, a 2.99% discount to the prior close.
Business Today · Latest · 5/22/2026, 4:33:40 AM
One 97 Communications shares fell ~2.99% as 86 lakh shares (1.3% stake) changed hands in a ₹964 crore block deal at a floor price of ₹1,120.65. Early backers Saif Partners and Elevation Capital are likely sellers, with Citi, JM Financial and MOFSL managing the trade. Brokerage targets remain ₹1,300–₹1,490.
Business Today · Latest · 5/22/2026, 4:33:28 AM
Nykaa posted Q4 net profit of Rs 78.4 cr vs Rs 20.3 cr YoY on revenue of Rs 2,648 cr (+28.4%). EBITDA jumped 67% to Rs 223 cr with margin at 8.4%. Fashion turned EBITDA-positive with NSV +42%; beauty NSV +29%. Jefferies hiked TP to Rs 350; Citi (Rs 225) and Macquarie (Rs 210) flagged slowing beauty ad income.
NDTV Profit · 5/22/2026, 3:08:25 AM
Mamaearth parent posted Q4 revenue of Rs 657 cr (+23% YoY) with EBITDA nearly tripling to Rs 77 cr and margin expanding to a record 11.7% from 5.1%. Net profit jumped to Rs 69 cr vs Rs 25 cr, with focus categories growing over 35%. Jefferies raised TP to Rs 565 (Buy); Citi lifted TP to Rs 320 but retains Sell, flagging sustainability of the margin print.
NDTV Profit · 5/22/2026, 3:07:37 AM
One 97 Communications faces a Rs 964 crore block deal Thursday, with early backers Saif Partners and Elevation Capital offloading 86 lakh shares at Rs 1,120.65 via Citigroup. The 2.99% discount comes despite steady Q4 results, 18% YoY revenue growth, and analyst targets of Rs 1,490.
Business Today · Latest · 5/22/2026, 2:45:57 AM
Elevation Capital and Saif Partners are selling ~1.3% of One 97 Communications via block deal at Rs 1,120.65/share, a 2.99% discount, with Citigroup as placement agent. Move follows Paytm's Q4 profit of Rs 184 cr on revenue of Rs 2,264 cr.
NDTV Profit · 5/21/2026, 2:51:01 PM
Ola Electric slid to ₹34.8 (m-cap ₹15,685 Cr) after Q4 net loss narrowed 43% YoY to ₹500 Cr but revenue collapsed 57% to ₹265 Cr on a 61% YoY drop in deliveries to 20,256 units. Brokerages stay cautious despite a ₹1,500 Cr QIP plan, +20% MoM April registrations, and ~45,000 Q1 FY27 order guidance.
Inc42 · Buzz · 5/21/2026, 6:48:18 AM
Ola Electric posted a Rs 500 cr net loss in Q4FY26, narrower than Rs 870 cr YoY, but revenue collapsed 56.6% to Rs 265 cr and EBITDA loss stood at Rs 281 cr. The company logged its first operating-cash-flow-positive quarter at Rs 91 cr. Citi raised its target to Rs 26 from Rs 22 but maintains Sell.
NDTV Profit · 5/21/2026, 4:32:25 AM
Alpha Wave, BirdsEye and TR Capital sold 8.15 Cr Lenskart shares at ₹473.4 apiece — a 3.7% discount — in block deals after the six-month IPO lock-in expired on 104.7 Cr shares. BlackRock, Citigroup, Fidelity, HDFC MF and ICICI Pru absorbed the supply, signalling institutional rotation rather than exit pressure on the 3,144-store eyewear major.
Inc42 · 5/13/2026, 8:48:17 PM