Paytm share price gains as Q1 net loss narrows; brokerages raise target
Paytm's credit distribution business jumped 167% YoY, disbursing ₹14,845 crore in loan value. The overall number of loans facilitated on the payments platform registered a 51% increase at 1.28 crore, according to a regulatory filing by One97 Communications.
Paytm share price gained over a percent on Monday after the fintech major reported its earnings for the quarter ended June 2024. The stock rose as much as to ₹apiece on the BSE.
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