Why Does Gaurang Shah Of Geojit Financial Have A Sell Call On Paytm?

Paytm's expanding net losses to Rs 550 crore underscore the challenges faced by the company in its pursuit of growth and market dominance. While the long-term potential of the digital payments market in India remains robust, Paytm needs to address its financial issues to reassure investors and achieve sustainable profitability. The coming quarters will be critical in determining whether the company can successfully navigate these challenges and capitalize on the opportunities in the digital economy.