PAYTM

One97 Communications, the parent company of Paytm, is once again in focus after the stock witnessed strong buying interest following improving profitability trends and rising merchant subscription growth. Investors are closely watching the fintech giant as sentiment around digital payment companies continues to improve. The recent rally has been supported by: • Growth in merchant loan distribution • Increase in subscription revenue • Focus on profitability over aggressive expansion • Strong growth in UPI payment ecosystem Analysts believe Paytm’s shift towards a leaner and more profitable business model is gradually changing market perception. However, regulatory developments in the fintech space remain a key monitorable factor for the stock. The counter continues to remain highly volatile, making it attractive for momentum traders. Sustaining above recent breakout levels may trigger further upside, while any negative regulatory news could lead to sharp swings.