Pending — not yet graded
“Bullish on Paytm's long-term value, estimating FY28 UPI MDR revenue of Rs 11.2 billion. The discounted value of this revenue stream could add Rs 434 billion to Paytm's valuation, equivalent to Rs 678 per share. Consequently, Emkay has raised its target price for Paytm to Rs 2,400 from Rs 1,700.”
PaytmBullishCalled 16 Sep 2026
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