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VERIFIEDMint Markets·positive

Paytm share price jumps 7% to 52-week high on UPI MDR move - should you buy?

AI Summary
  • ·Paytm shares surged over 7% to a 52-week high.
  • ·The surge followed the government's introduction of a Merchant Discount Rate on high-value UPI transactions.
  • ·Analysts anticipate significant revenue generation for Paytm, leading to raised price targets from brokerages.
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