Paytm shares climb 7% despite rise in Q1 loss, here's why :

Paytm shares climb 7% despite rise in Q1 loss, here's why

Shares of Paytm (listed as One97 Communications) gained nearly 7 per cent on Monday after the Vijay Shekhar Sharma-led firm reported a 88 per cent rise in revenue for the quarter ended June 2022. Sentiment turned positive toward the stock after the firm said it remained confident of achieving break-even by September '23 quarter and was also bullish on customer demand on usage of platform and monetisation.


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