Stocks to Buy: Paytm's stock has given a return of 1% in 21 month. In 2023 alone, the stock has climbed 17%.
Stocks to Buy: There is a sharp decline in the global market. Asian markets as well as the US market... There is a slowdown in the stock markets. This is also showing signs of decline in the Indian stock market. But if you want to earn strong profits in a weak market, then brokerage houses have brought strong stocks for you. Paytm's share is one of them. Global brokerage house Macquarie has given a positive rating to the stock after positive news related to the stock.
Brokerage's positive rating: Macquarie has rated The Outperformance on Paytm's stock. The target on the stock is also 28% upside. That is, the target is 800 rupees. While the stock closed at a price of Rs 624 on Friday. The stock has given strong profits to shareholders in the last 1 month. According to exchange data, Paytm's stock has given a return of 1% in 21 month. In 2023 alone, the stock has climbed 17%.
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According to news agency Bloomberg, Bharti Airtel chief Sunil Mittal can buy a stake in Paytm. Apart from this, Airtel Payments Bank and Paytm can be merged. On the other hand, Jack Ma's company Ant Group can reduce stake in Paytm.