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After a weekly decline of 15% and three months of consolidation, One 97 Communications is positioning itself for the next leg of a rally that could take the stock to Rs 1,550, implying a potential upside of 23%, Investec said as it initiated coverage with a ‘Buy’ rating. The broker’s optimistic view of the Paytm […]
Shares of Paytm (One 97 Communications) rose 4.3% to an intraday high of Rs 1,323.10 on the BSE on Thursday, November 6, gaining strength after the stock was added to MSCI’s India Standard Index as part of the November rejig.Global brokerage Citi maintained its buy rating on Paytm with a price target of Rs 1,500 […]
