RBI Says You Can 'Paytm Karo', Stock Hits Upper Circuit | 'No Disruption In Integral Functions'
After hitting the lower circuit for multiple sessions, the Paytm stock actually hit the upper circuit today. In a new assessment, brokerage firm Bernstein has given Paytm an 'outperform' rating. Why this change despite all the trouble that the fintech has been facing? That's because Bernstein feels that the RBI's actions are mainly directed at the Paytm Payments Bank, and other integral Paytm functions won't be disrupted. This distinction is actually crucial in understanding the exact impact that the regulatory measures will have on the company. Watch
#paytm #paytmpaymentsbank #stockmarket
Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.
Click here to download the Mint App
https://livemint.onelink.me/MrDS/p0kx...
Watch video RBI Says You Can 'Paytm Karo', Stock Hits Upper Circuit | 'No Disruption In Integral Functions' online without registration, duration hours minute second in high quality. This video was added by user Mint 19 February 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 4,933 once and liked it 41 people.