Paytm rises 6% after strong operational performance in Q1
Paytm is confident of achieving operating profitability by September 2023 quarter. Loan disbursals through Paytm saw a 779 per cent YoY growth to Rs 5,554 crore.Shares of Paytm have rallied more than 60 per cent in less than three months, from its 52-week low of Rs 511. However, the stock is still 62 per cent below its issue price of Rs 2,150.
