Paytm risk-reward ratio favourable: Analysts
Financial Express Mumbai|May 11, 2023
THE RISK-REWARD RATIO for Paytm parent One 97 Communications has turned favourable because of its strong profitability and cheap valuations, experts said. A majority of brokerages has a 'buy' rating on the company's stock.
AJAY RAMANATHAN
Paytm risk-reward ratio favourable: Analysts

"Paytm's revenue growth profile is in line with its India internet peers, with profitability higher, and valuations that are at the lower end vs peers; we see risk-reward as skewed to the upside," Goldman Sachs said in a report. It added that the company's strong results in the March quarter put to rest debates over Paytm's business model and profitability.

The company's net loss narrowed to ₹168 crore from ₹763 crore a year ago. Total revenue rose 51% year-on-year to ₹2,334 crore in the quarter under review. Loans disbursed increased to ₹12,554 crore in Q4FY23, from ₹3,553 crore a year ago. The contribution profit rose 138% to ₹1,283 crore.

هذه القصة مأخوذة من طبعة May 11, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 11, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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