Sanjiv Bhasin, Director at IIFL Securities, believes that Paytm is currently at a fair value of Rs 850-900. The company’s management has highlighted that India is now leading in digital transactions, surpassing China. Paytm’s QR code technology and newly formed NBFC are seen as positive factors. Bhasin predicts that the stock could reach Rs 1,500 by the next Diwali. Additionally, Bhasin suggests Tata Steel, Hindalco, and Devyani International as his other stock picks for Navratri.
Sky Gold board approves 9:1 bonus issue after 418% stock rally in one year
Sky Gold’s Board has approved a bonus issue of shares in a 9:1 ratio, meaning investors will receive 9 additional shares for every share they
October 27, 2024