BofA resumes coverage on Paytm with ‘underperform’ rating

BofA resumes coverage on Paytm with ‘underperform’ rating

Bank of America (BofA) has resumed its coverage on One 97 Communications with ‘Underperform’ rating and a target price of Rs 400 which is a 3% downside from the Monday closing price of Rs 412.20 on the NSE. The company which operates Paytm is expected to witness a gradual growth in its lending business, the … Read more