Investec names Paytm 'Quarterly Alpha' pick, expects 28% revenue jump
Global brokerage Investec has named Paytm as a 'Quarterly Alpha' pick, anticipating a 28% rise in net revenue and a 78% jump in EBITDA to Rs 2.5 billion for the upcoming quarter.
New Delhi, Oct. 7 -- Global brokerage Investec has named One 97 Communications Ltd, the parent company of Paytm, among its 'Quarterly Alpha' picks for the upcoming quarter. 5 billion (Rs 250 crore) and a 28% rise in net revenue for t…