Paytm shares rebound 32%, trade above Rs 410, as Motilal Oswal sees 30% upside potential.
Paytm's shares rebounded by 32% from a 52-week low, trading above Rs 410 on the NSE on March 22. Motilal Oswal has revised the Paytm target price and sees a 30% upside potential. Paytm recently received NPCI approval to function as a third-party app and has partnered with major banks for seamless business migration. Despite regulatory challenges, Motilal Oswal believes Paytm shares can cross Rs 500.
March 22, 2024
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