Paytm shares jump 11% this week, biggest weekly gain in 4 months; what’s driving rally?
Paytm’s parent, One97 Communications, saw an 11% gain this week, attributed to positive investor sentiment after favourable developments. Bernstein raised its target price to ₹2,200, while JM Financial lifted it to ₹1,950, highlighting potential earnings growth from UPI monetisation. One97 Communications, the parent company of Paytm, gained 11% this week, reaching 1,603, marking its biggest…
