PAYTM

: Too Early to Die, Too Late to Buy?

Paytm’s crash post-RBI clampdown was brutal. But underneath the chaos is a still-growing UPI ecosystem, sound lending partnerships, and cost control. At ₹1050 levels, risk-reward looks better than at IPO levels. But is there enough visibility to re-rate the stock? High risk, but not without merit. Wait-and-watch for now.