Hot Stocks: Brokerages on One97 Communications and Westlife Development
The global brokerage firm has maintained its equal weight rating on One97 Communication, the parent firm of Paytm, with a target price of Rs 695. Management is confident of strong growth as well as achieving its adjusted EBITDA break-even target by September 23 and it does not see any significant risk to its payment margins, Morgan Stanely said.
