Top brokerages raise targets for Paytm; recommend 'Buy' as firm achieves operating profitability

Feb 06, 2023

Citi, CLSA, and Goldman Sachs have recommended to buy the share post-Q3FY23 earnings, while Bank of America (BofA) maintained its 'neutral' rating. Goldman believes...

Incredible growth in financial services, stronger monetisation puts us ahead of profitability plans: Paytm management

Nov 09, 2022

The company has seen a stronger monetisation across all its key businesses while limiting indirect costs, leading to a 61 per cent YoY improvement...

Mutual funds up stake in Paytm, more retail investors jump on board as firm promises profitability

Jan 23, 2023

Increase in shareholding by domestic investors shows more Indian believe in Paytm's ability to deliver profitability without compromising on growth.

Paytm may see profitability in March, two quarters ahead of expectation; Goldman Sachs raises target price

Jan 17, 2023

Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates and the company's guidance of September 2023.

Paytm announces operating profitability of Rs 31 crore; Vijay Shekhar Sharma says cash flow generation is next

Feb 03, 2023

The fintech firm on Friday reported its revenue from operations increased to Rs 2,062 crore, a growth of 42 per cent on a yearly...

Paytm Wallet is up and running, users can use it for all payments, says Paytm Payments Bank

Nov 29, 2023

Paytm Wallet, one of the most popular payment modes in the country, is up and running, Paytm Payments Bank said.