leverage

Paytm likely to clock sustained growth in Q4 operating profitability, says Citi; raises target price

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Paytm likely to clock sustained growth in Q4 operating profitability, says Citi; raises target price

Citi expects fintech major Paytm to clock sustained growth in operating profitability going ahead breaking even in the previous quarter. The global investment bank has raised the target price to Rs 1,103, implying an upside potential of 71%. Paytm is likely to report a decent fourth quarter with further improvement in net payment and overall … Read more

‘Fake EBITDA’ masks risk in debt-laden companies

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‘Fake EBITDA’ masks risk in debt-laden companies

During the days of easy money, one of the most widely tracked numbers in credit markets became an unfortunate punchline. Ebitda, which stands for earnings before interest, taxes, depreciation and amortization — a figure that’s akin to a company’s cash flow and, thus, its ability to pay its debts — was instead mocked as a … Read more