Paytm stock drops to record low
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Macquarie
One97 Communications
Bernstein
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TP
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Paytm
FY21-
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Summary
Macquarie also cited departure of senior Paytm executives and the shrinking ticket size for loans disbursed by Paytm as other factors that could impact the firm’s future outlook.In a report in the second half of December, analysts at Morgan Stanley labeled Paytm’s stock as “overweight,” and assigned a target price of ₹1,875 ($25.2), saying the firm was “well positioned to capitalize on upcoming acceleration in digital distribution of financial services/commerce in India.”“Huge TAM (total addressable market), India’s distinctive tech architecture and regula- tory supportive partnership approach are key enablers, we believe.
As said here by Manish Singh