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Goldman Sachs has reiterated its 'Buy' rating on Paytm (One 97 Communications Ltd.), projecting a target price of ₹1,400.
Goldman Sachs has reaffirmed its 'Buy' rating on Paytm with a target price of ₹1,400.
KEY POINTS
- Paytm's gross merchandise value is projected to grow 26% year-over-year in Q4 FY26.
- Paytm's financial services revenue is forecasted to grow 33% year-over-year.
- Paytm's loan book grew 11% quarter-over-quarter in Q4 2026, up from 2% in Q3.
- Goldman Sachs notes Paytm has reduced reliance on PPBL, lessening regulatory risks.
COMPANIES
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