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Home - Business - What should investors do with Paytm shares as reports first-ever quarterly profit

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What should investors do with Paytm shares as reports first-ever quarterly profit

Topnewsplus3 months ago01 mins
What should investors do with Paytm shares as reports first-ever quarterly profit

Paytm Share Price Target, Paytm Shares: One97 Communications, a parent firm of Paytm, on Tuesday (July 23) reported a its first-ever net profit at Rs 122.5 crore for the first quarter of the FY26. After this performance what should investors do with the the company’s stock? Should you buy, sell, or accumulate it? Here is what brokerages recommend

Analysts at global brokerages–Jefferies, Citi, Bernstein, Macquarie–are positive on the stock and expected up 18.69 per cent potential from Tuesday’s closing.

Two brokerages, Jefferies and Citi have recommended buying One97 Communications’ shares for targets of Rs 1,250 and Rs 1,215, respectively. 

Meanwhile, another brokerage Bernstein has an ‘outperform’ rating with a share price target of Rs 1,100, suggests 4.45 per cent upside. 
 
In contrast, Macquarie has maintained an ‘underperform’ rating on the Paytm stock with a target of Rs 760, indicating 27.83 per cent downside from Tuesday’s closing.

(This story will be updated shortly.)

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Tagged: Paytm net profit Paytm Q1 FY26 results Paytm Q1 results Paytm Results Paytm Share Price Target paytm shares

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