New Delhi: Digital Payment of India Giant Paytm has received a bullish ranking from the main broker after a gloomy list and a string of bearish views since then.
Morgan Stanley has begun coverage at a digital payment beginner with an overweight and target price of 1,875 rupees, which implies 43% upside down from near Tuesday.
It sees interesting risks for rewards after stocks fall to a low record earlier this week, and appreciate the company at $ 17 billion.
“Paytm profitability must increase sharply as a scale of financial services” with broken companies even at the level of operating profit in the fiscal year 2025, “analysts including Sumeet Karwala wrote in the record on Tuesday.
The US Bank’s view is different from his colleagues such as Macquarie Group Ltd and Goldman Sachs, each of which has a poor and neutral performance rating, in stock For shares The late 1990s.
Stock now drops almost 39% of the price of the problem of 2,150 rupees.
Paytm got his first bullish rating from the main broker
