Paytm shares in focus after UBS hikes target price to Rs 1,000

Bernstein maintains an 'Outperform' rating on Paytm, with a target price of Rs 1,000, highlighting both bullish and bearish scenarios. The bullish case suggests a 100% upside, while the bearish case forecasts a 40% downside. Paytm's 52-week high of Rs 939 follows the launch of an automatic top-up feature for UPI LITE, enhancing payment ease.