Paytm shares rally 4% in early trade despite weak Q2 show. Here are 3 reasons why
Shares of Paytm (One 97 Communications) rallied 4.3% to an intraday high of Rs 1,323.10 on the BSE on Thursday, November 6, gaining momentum after the stock was added to MSCI’s India Standard Index as part of the November rejig.
Global brokerage Citi maintained its ‘Buy’ rating on Paytm with a target price of Rs 1,500 following the company’s earnings announcement.
