Investec backs Paytm’s digital ‘toll road’, sees 23% upside despite 15% fall. Key reasons here
After a 15% weekly decline and three months of consolidation, One 97 Communications is positioning itself for the next leg of a rally that could take the stock to Rs 1,550, implying a potential upside of 23%, Investec said as it initiated coverage with a ‘Buy’ rating. The brokerage’s bullish view on the Paytm parent…