Paytm is one of the most compelling growth stories: Goldman Sachs

1 week ago

Web Exclusive

The global research and broking house suggests investors buy the stock at the current levels and maintains a 12-month target price of Rs 1,100 on the counter

Topics
Paytm | Paytm Bazaar | Paytm Money

Puneet Wadhwa  |  New Delhi 

Paytm

Paytm

Paytm is one of the most compelling growth stories in the Indian internet space that is available at an attractive price, wrote analysts at Goldman Sachs in a recent note. The global research and broking house suggests investors buy the stock at the current levels and maintains a 12-month target price of Rs 1,100 on the counter. Their risk-reward analysis indicates 112 per cent upside in the stock from the current levels in a bull-case scenario, and a 12 per cent downside in a bear-case.

ALSO READ: Open Network for Digital Commerce: What does it mean and how will it work?

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW

SUBSCRIBE TO INSIGHTS

selected

MONTHLY

Select

selected

ANNUAL

Select

Best Offer

selected

SMART ANNUAL

Opt for auto renewal and save Rs 300

Select

What you get on Business Standard Premium?


OR



Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Fri, September 23 2022. 08:48 IST

Read Full Article at Source

I'm covering up the Copyright text