Paytm shares get upgrades, targets revised higher after first profit without one-offs
Brokerage firm Jefferies has upgraded shares of One97 Communications Ltd., parent company of payment services provider Paytm, to “buy” from its earlier rating of “hold”, on Wednesday, July 23. The upgrade comes after Paytm reported a net profit for the June quarter after market hours on Tuesday. This was the first net profit reported by…