Paytm Shares Price NSE India

As of March 18, 2024, the One 97 Communications Ltd. (Paytm) share price on the National Stock Exchange (NSE) stands at ₹389.20, marking a 4.99% increase for the day. Providing further insight, the previous day's closing price was ₹370.70, while the stock's performance over the past year ranged from a high of ₹998.30 to a low of ₹318.05.

YES Securities Analysis

YES Securities said that the reliance on wallet transactions for revenue has decreased, with wallet transactions contributing to about one-sixth of the revenue earlier. Out of the total revenue of 6,000 crores, only 1,000 crores came from wallet transactions. Therefore, there won't be any significant impact on losses.

What is the Share Price Target of Paytm?

YES security has a 'buy' rating on Paytm shares with a target price of ₹505. Meanwhile, Morgan has an 'equal weight' rating with a target price of ₹555. It's worth noting that this share has dropped by about 63% from its 52-week high of ₹998.

Disclaimer

The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.

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