Navigating through the storm

Company
22 Mar 2024
5 Min read 
  • Paytm has been under regulatory scrutiny, leading to severe business restrictions.
  •  The company is at risk of losing customers and merchants, impacting its growth trajectory.
  •  Paytm has received NPCI approval to function as a Third-party app provider.
  •  Revenue and profit estimates for FY25E have been revised downwards.
  •  Paytm's ability to recover lost business and resume growth trajectory is uncertain.
  •  The stock is currently rated as Neutral with a target price of INR 530.
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