Paytm shares continue to rally on profit expectations ahead of Q1 results

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Shares of Paytm parent rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” target=”_blank”>One97 Communications has risen over 6% in the week leading up to its June quarter results. The fintech major reclaimed the Rs 1,000-mark last week, following business recovery and topline growth.

The stock was trading 3% higher at Rs 1,049.75 as of 11:05 am, close to its 52-week high of Rs 1,063. Meanwhile, the Sensex saw a marginal rise of 0.07%. The counter has gained nearly 132% in the past 12 months, according to BSE data.

The mean of target price for rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” target=”_blank”>Paytm shares from 16 analysts polled by ET stands at Rs 966, implying a…



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Paytm shares continue to rally on profit expectations ahead of Q1 results



Shares of Paytm parent rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” target=”_blank”>One97 Communications has risen over 6% in the week leading up to its June quarter results. The fintech major reclaimed the Rs 1,000-mark last week, following business recovery and topline growth.

The stock was trading 3% higher at Rs 1,049.75 as of 11:05 am, close to its 52-week high of Rs 1,063. Meanwhile, the Sensex saw a marginal rise of 0.07%. The counter has gained nearly 132% in the past 12 months, according to BSE data.

The mean of target price for rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” target=”_blank”>Paytm shares from 16 analysts polled by ET stands at Rs 966, implying a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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