New Delhi [India], September 29 (ANI): A report by Mirae Asset Capital Markets has upraged the target of One97 Communications (Paytm) with a buy rating at a target price of Rs 1,340, implying a 19 per cent upside from current levels .

The report noted that Paytm’s rising share in UPI transactions, relaunch of its Postpaid product on UPI, and new monetization opportunities underpin the positive outlook.

According to Mirae, the reintroduction of Paytm Postpaid as a bank-led credit line on UPI in partnership with Suryoday Small Finance Bank marks a pivotal shift.

The product, integrated directly into the UPI ecosystem, allows users up to 30 days of interest-free credit and opens up fresh avenues for scale. Mirae estimated that this could add nearly 6 per cent to Paytm’s FY27 EBITDA.

The b

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