Paytm shares hit a 52-week high after UBS raised its target price to Rs 1,000, maintaining a ‘Neutral’ stance. The brokerage anticipates revenue-driven growth as cost optimization plateaus. Bernstein also increased its target to Rs 1,000, highlighting potential upside and downside scenarios. Paytm launched an automatic top-up for UPI LITE, streamlining small-value transactions.
IT sector may remain range-bound amid global uncertainty: Amnish Aggarwal
Amnish Aggarwal of Prabhudas Lilladher suggests a positive outlook for the Indian market due to tax cuts, increased capital expenditure, and favorable monsoon forecasts. While
April 17, 2025