Paytm Stock Price Target. View live info edge chart to track its stock's price action. Paytm’s issue price was rs 2,150 when it listed on the bourses last november.
The stock was trading at rs 664. Paytm analyst who predicted slump further reduces target price on stock. Mid term target would be 700 levels.
Now It's Trying To Make A Double Bottom Pattern And 510 Will Now Act As A Strong Support Zone.
Andi | link | nov 23, 2021 9:15:32 pm There was humongous craze of some of the ipos which came last year like paytm, zomato,policybazar etc. Macquarie’s suresh ganapathy cut his price estimate to rs 450 from rs 700, citing lower valuations for fintech cos globally.
Many Global And Domestic Investment Advisors Have Advised Against Buying The Company’s Shares And Have Slashed Their Target Prices On The Stock.
Paytm owner one97 communications on thursday posted a shareholding update which showed that retail shareholders have more than doubled their stake in the company. Canada pension plan investment board (cppib) has also increased its stake in paytm from 1.57 to 1.71 per cent in the quarter ended march 2022, according to the regulatory. So the stock price can go to rs:800 per share.
Global Financial Major Macquarie Slashed Its Price Target For Paytm Citing Regulatory Headwinds Including A Falling Probability Of Getting A Banking Licence.
The stock was trading at rs 664. Mid term target would be 700 levels. Find ipo date, price, live subscription, allotment, grey market premium gmp, listing date, analysis and review.
Strict Stop Loss Of 499.
Paytm’s issue price was rs 2,150 when it listed on the bourses last november. Macquarie initiated coverage on paytm in november last year with a target price of rs 1,200, which was cut to rs 700 last month and now has been further slashed to rs 450. View live info edge chart to track its stock's price action.
According To Bloomberg, The Stock Currently Has Five Buys, Two Holds, And Three Sells.
Citigroup research has launched a buy rating on one97 communications ltd, the parent company of paytm, and boosted its target price to rs 910 per share, up 32% from current levels. This is the second time that the global brokerage firm has slashed its target for paytm. Paytm analyst who predicted slump further reduces target price on stock.