With shares of Paytm down over 70 per cent from its issue price, analysts believe the stock is turning favourable from risk-reward perspective. Moreover, with the management's focus on profitability, and the target of turning free cashflow (FCF) positive in 12-18 months, analysts are confident that the company will end cash burn in the next 4-6 quarters.
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First Published: Fri, December 02 2022. 12:38 IST