Morgan Stanley cut target price for Paytm to Rs 555 from Rs 609. The brokerage slashed revenue estimates for FY25 by 6 percent and 8 percent for FY26.
Bulk deals: Morgan Stanley Asia buys Rs 244 cr worth stake in Paytm on February 2, 2024 at 2:51 pm
Morgan Stanley cut target price for Paytm to Rs 555 from Rs 609. The brokerage slashed revenue estimates for FY25 by 6 percent and 8 percent for FY26.