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Paytm could be most profitable Indian internet firm: Goldman Sachs
short by Mansi Agarwal / on Monday, 16 October, 2023
Goldman Sachs has hiked its target price for Paytm shares to ₹1,250 and said it expects Paytm to be the most profitable company in the Indian internet sector. "Paytm's operating metrics have been surprisingly positive...We forecast 30% YoY revenue growth for Paytm in Q2 FY24," Goldman Sachs said. Shares of Paytm closed at ₹930 on NSE today.
read more at Moneycontrol