Paytm is one of the most compelling growth stories: Goldman Sachs

Paytm is one of the most compelling growth stories in the Indian internet space that is available at an attractive price, wrote analysts at Goldman Sachs in a recent note. The global research and broking house suggests investors buy the stock at the current levels and maintains a 12-month target price of Rs 1,100 on the counter. Their risk-reward analysis indicates 112 per cent upside in the stock from the current levels in a bull-case scenario, and a 12 per cent downside in a bear-case.