PAYTM.NS vs. TORNTPOWER.NS

Last updated Jun 5, 2026

PAYTM.NS (One97 Communications Limited) and TORNTPOWER.NS (Torrent Power Limited) are both stocks. PAYTM.NS operates in Software - Infrastructure (Technology), while TORNTPOWER.NS operates in Utilities - Independent Power Producers (Utilities). Over the past 3 years, PAYTM.NS returned 14.00%/yr vs 36.71%/yr for TORNTPOWER.NS. At a 0.19 correlation, their price movements are largely independent.

Performance

PAYTM.NS vs. TORNTPOWER.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in One97 Communications Limited (PAYTM.NS) and Torrent Power Limited (TORNTPOWER.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAYTM.NS achieves a -18.51% return, which is significantly lower than TORNTPOWER.NS's 11.34% return.

PAYTM.NS

• 1D: -0.40%
• 1M: -2.71%
• YTD: -18.51%
• 6M: -20.33%
• 1Y: 12.66%
• 3Y*: 14.00%
• 5Y*: —
• 10Y*: —

TORNTPOWER.NS

• 1D: 0.23%
• 1M: -16.99%
• YTD: 11.34%
• 6M: 11.94%
• 1Y: 2.89%
• 3Y*: 36.71%
• 5Y*: 30.27%
• 10Y*: 26.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PAYTM.NS vs. TORNTPOWER.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PAYTM.NS One97 Communications Limited	-18.51%	27.61%	60.18%	19.67%	-60.21%	-14.50%
TORNTPOWER.NS Torrent Power Limited	11.34%	-10.78%	61.12%	99.30%	-9.47%	5.13%

Correlation

The correlation between PAYTM.NS and TORNTPOWER.NS is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (All Time) Calculated using the full available price history since Nov 22, 2021	0.19

The correlation between PAYTM.NS and TORNTPOWER.NS shifts across timeframes, from 0.17 (3 years) to 0.28 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PAYTM.NS vs. TORNTPOWER.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PAYTM.NS

PAYTM.NS Risk / Return Rank: 51
PAYTM.NS Sharpe Ratio Rank: 54
PAYTM.NS Sortino Ratio Rank: 48
PAYTM.NS Omega Ratio Rank: 47
PAYTM.NS Calmar Ratio Rank: 51
PAYTM.NS Martin Ratio Rank: 53

TORNTPOWER.NS

TORNTPOWER.NS Risk / Return Rank: 42
TORNTPOWER.NS Sharpe Ratio Rank: 45
TORNTPOWER.NS Sortino Ratio Rank: 39
TORNTPOWER.NS Omega Ratio Rank: 39
TORNTPOWER.NS Calmar Ratio Rank: 44
TORNTPOWER.NS Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PAYTM.NS vs. TORNTPOWER.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for One97 Communications Limited (PAYTM.NS) and Torrent Power Limited (TORNTPOWER.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PAYTM.NS	TORNTPOWER.NS	Difference
Sharpe ratio: Return per unit of total volatility	0.36	0.10	+0.26
Sortino ratio: Return per unit of downside risk	0.75	0.34	+0.41
Omega ratio: Gain probability vs. loss probability	1.09	1.04	+0.05
Calmar ratio: Return relative to maximum drawdown	0.42	0.14	+0.28
Martin ratio: Return relative to average drawdown	1.04	0.27	+0.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PAYTM.NS vs. TORNTPOWER.NS - Sharpe Ratio Comparison

The current PAYTM.NS Sharpe Ratio is 0.36, which is higher than the TORNTPOWER.NS Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of PAYTM.NS and TORNTPOWER.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PAYTM.NS	TORNTPOWER.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	0.10	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.45	-0.61

Drawdowns

PAYTM.NS vs. TORNTPOWER.NS - Drawdown Comparison

The maximum PAYTM.NS drawdown since its inception was -82.37%, roughly equal to the maximum TORNTPOWER.NS drawdown of -79.97%. Use the drawdown chart below to compare losses from any high point for PAYTM.NS and TORNTPOWER.NS.

Drawdown Indicators

	PAYTM.NS	TORNTPOWER.NS	Difference
Max Drawdown Largest peak-to-trough decline	-82.37%	-79.97%	-2.40%
Max Drawdown (1Y) Largest decline over 1 year	-29.89%	-20.33%	-9.56%
Max Drawdown (3Y) Largest decline over 3 years	-67.89%	-38.31%	-29.58%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.31%	—
Current Drawdown Current decline from peak	-41.15%	-25.20%	-15.95%
Average Drawdown Average peak-to-trough decline	-54.62%	-28.80%	-25.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.17%	10.58%	+1.59%

Volatility

PAYTM.NS vs. TORNTPOWER.NS - Volatility Comparison

One97 Communications Limited (PAYTM.NS) and Torrent Power Limited (TORNTPOWER.NS) have volatilities of 11.95% and 12.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAYTM.NS	TORNTPOWER.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.95%	12.27%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	28.34%	25.63%	+2.71%
Volatility (1Y) Calculated over the trailing 1-year period	35.53%	30.08%	+5.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.76%	35.96%	+15.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.76%	35.00%	+16.76%

Dividends

PAYTM.NS vs. TORNTPOWER.NS - Dividend Comparison

PAYTM.NS has not paid dividends to shareholders, while TORNTPOWER.NS's dividend yield for the trailing twelve months is around 1.39%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PAYTM.NS One97 Communications Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TORNTPOWER.NS Torrent Power Limited	1.39%	1.45%	1.08%	2.78%	1.83%	1.99%	3.65%	1.76%	1.91%	0.78%	2.51%	0.86%

Financials

Frequently Asked Questions

Can I hold both PAYTM.NS and TORNTPOWER.NS in my portfolio?

PAYTM.NS and TORNTPOWER.NS have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.