
Paytm has recently announced its special focus on online banking operations and services which is expected to given rich business volume to the fintech firm in long term. Bloomberg
The most talked-about IPO of last year was that of Paytm. Why didn’t he live, the one who brought the Biggest IPO Paytm? However, as much as there was talk about its MahaIPO, the attitude of investors to it was dull, and very few people subscribed to it. And those who subscribed are also regretting it for 4 months. Meanwhile, another problem has come to the fore, Paytm, which is dreaming of Small Finance Bank, has been stopped by the Reserve Bank from opening new accounts for Payments Bank (RBI Action on Paytm Payments Bank). An audit has also been ordered. That is, in the last 4 months, Paytm Share Big Fall, which has drowned around 70 percent of investors’ money, it is sure to burn investors’ hands even on Monday.
According to stock market experts, Paytm share price has been appreciating on the short-term positive sentiments of Dalal Street. They said that market is expecting breakthroughs in today’s Russia-Ukraine talks and this sentiment further gained momentum after BJP’s victory in UP and some other states where they were in power. They said that stock may go up to ₹900 per share levels but sharp upside can be expected after a breakout at ₹1100 levels. Long-term positional investors can buy this counter for up to 2 years target of ₹1800 levels.
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