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VERIFIEDET Stocks·neutral
Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally?
AI Summary
- ·Paytm shares have rallied over 480% from their lowest point but are still 20% below their IPO price of Rs 2,150.
- ·The introduction of MDR on certain high-value UPI transactions may provide Paytm with a new revenue source.
- ·Merchant lending, operating leverage, and AI initiatives are identified as potential growth drivers for the fintech company.