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'Buy' Paytm Shares Maintains ICICI Securities, Hikes Target Price — Here's Why
Regulatory challenges, including its impact on loan growth, remain key risks for Paytm shares, adds the brokerage.
26 Nov 2025, 12:13 PM IST 
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Paytm plans to expand its operations in select international markets.
(One 97 Communications Ltd., Paytm office exterior in Bengaluru/ Photographer/ Vijay Sartape/ Source: NDTV Profit)
Strong revenue trajectory sustains through payments and financial services; better margins in payments to aid Paytm's earnings; resumption in postpaid could add volume ahead, believes ICICI Securities.
