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Shares of Paytm parent One97 Communications has risen over 6% in the week leading up to its June quarter results. The fintech major reclaimed the Rs 1,000-mark last week, following business recovery and topline growth.
The stock was trading 3% higher at Rs 1,049.75 as of 11:05 am, close to its 52-week high of Rs 1,063. Meanwhile, the Sensex saw a marginal rise of 0.07%. The counter has gained nearly 132% in the past 12 months, according to BSE data.
The mean of target price for Paytm shares from 16 analysts polled by ET stands at Rs 966, implying a…
