Highlights

  • Paytm shares have doubled in the last six months
  • NPCI allows Paytm to onboard new UPI customers again, sparking a stock surge
  • Citi upgrades Paytm from "sell" to "buy" and raises the price target to ₹900

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Paytm Stock: Buy After NPCI Relief? | Citi’s Call Explained

Paytm shares have doubled in 6 months, boosted by news that NPCI will allow it to onboard UPI customers again. Citi upgrades Paytm to "buy" with a price target of ₹900, citing reduced regulatory risks. Should you invest now?
Paytm Stock: Buy After NPCI Relief? | Citi’s Call Explained

Is this a good time to buy Paytm shares?

The fintech major just got a big boost - NPCI is allowing Paytm to onboard new UPI customers again.

Following this news, the stock jumped sharply on Wednesday, October 23rd. In fact, Paytm shares have doubled investor money over the last six months.

So, should you invest in Paytm now?

Brokerage giant Citi thinks so. They've upgraded Paytm from "sell" to "buy," citing reduced regulatory risks.

They've also more than doubled their price target - from 440 rupees to 900 rupees.

Also Watch: Is The Four-Day Workweek The Future? Global Trends, Benefits, And Challenges Explored

Frequently Asked Questions

Yes, according to brokerage giant Citi, it is a good time to buy Paytm shares as they have upgraded it from 'sell' to 'buy', citing reduced regulatory risks.

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