Paytm at 2-week high after Goldman Sachs adds stock to 'conviction list'

Paytm shares gained over 3% during the session on Friday, the most in two weeks after Goldman Sachs added stock to the 'conviction list'. Goldman Sachs reiterated its 'buy' rating on the stock with a target price of ₹1,100. It said Paytm has one of the most compelling growth stories at an attractive price within its overall internet sector coverage.