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SUMMARY
Shares of One97 Communications, the parent company of Paytm, slipped 8% to their intraday low of INR 826 apiece on the BSE a day after the fintech major reported a consolidated net loss of INR 208.5 Cr in Q3 FY25
Operating revenue slumped 36% YoY to INR 1,827.8 Cr during the quarter under review
JM Financial reinitiated its coverage on Paytm with a ‘buy’ rating and target price of INR 1,250, signaling an upside potential of 39% from the stock’s last close
Shares of One97 Communications, the parent company of…
