All the positivity that you see for Paytm has come on two accounts; one is that they have really cut down their costs in the payment business. Payment business was the backbone of Paytm and a loss making part of their overall business. So they have controlled the losses there. Number two, they have done a good job in terms of loans.
BlackBuck gets Buy rating as Ambit sees strong growth ahead, values stock at Rs 885
Ambit Capital initiated coverage on Zinka Logistics, parent of BlackBuck, with a Buy rating and Rs 885 target price. The brokerage highlighted BlackBuck’s emergence as
November 14, 2025