Paytm Share: You will get more than two and a half times return! Brokerage becomes bullish on Paytm stock, target crosses 14 hundred

Paytm Share Target: Brokerage firm Ventura Securities has high expectations from Paytm stock. It feels that this stock can go very high in the next 2 years and can make investors earn a lot...

Shares of One97 Communications, a fintech company doing business under the brand name Paytm, can make investors rich in the coming days. A brokerage firm has given a tremendous target to this fintech stock.

Expectations of Ventura Securities from Paytm

Brokerage firm Ventura Securities feels that this stock can more than double in the next 2 years. The firm has given a target of Rs 1,170 to Paytm stock. A report in Business Today quoted the brokerage as saying that this stock can climb up to Rs 1,444 if the conditions remain favorable (bull case). In the bear case also, the price is expected to reach Rs 870.

The stock can give more than two and a half times return in 2 years

The current price of Paytm's stock is around Rs 540. At 11 am, this stock was trading at Rs 544 with a gain of 1.12 percent. If we compare from here, according to Ventura Securities, Paytm's stock can give its investors a great multi-bagger return of up to 165 percent in the next two years. That is, those who invest now can get more than two and a half times profit in two years.

Multibagger returns expected even in normal conditions

Ventura Securities estimates that in normal conditions, investors can get a return of 116 percent from Paytm's stock in the next 2 years. That is, even if the conditions are not bullish, Paytm's return will be multi-bagger in two years. Ventura Securities expects a return of 61 percent from Paytm's stock if the bearish condition remains.

Most investors have suffered losses

The performance of Paytm's stock in the market so far has not been special, rather it has caused losses to the investors. This stock is in a loss of about two and a half percent in the last 5 days. On a month's basis, the stock is in profit of more than 10 percent, but the return so far in 2024 is about 16 percent negative. On a year's basis, the stock has fallen by more than 36 percent.

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