Jefferies expects Paytm to turn profitable in next 4 quarters
Jefferies has set a target price of ₹1,300 for Paytm, a 34% upside compared with its closing price on October 19.
paytm profit
October 2023
February 2023
November 2021
Paytm stock surges over 8% as Q3 loss narrows
During the quarter, the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) before ESOP improved by ₹452 crore YoY.
Paytm stock will crash 44% to ₹1,200; co is 'loss leader': Macquarie
Foreign brokerage believes path to profitability is not clear since company lacks leadership in most segments.
