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.
ETMarkets Smart Talk | IT sector set for 2H25 comeback backed by low base, global tailwinds: Ambit Capital
Ambit Capital suggests India’s IT sector is poised for a revival in late 2025, driven by seasonality and global tech demand. The market favors large-caps