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Paytm share price: Paytm shares rise 3%, hit new 52-week high after UBS hikes target price to Rs 1,000

Paytm shares rose nearly 3%, hitting a new 52-week high of Rs 942.5 in Thursday’s trade on the BSE, after global brokerage firm UBS maintained a ‘Neutral’ stance on the fintech company and raised its target price to Rs 1,000 from Rs 490.

The brokerage notes that significant improvements have…

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