Paytm shares reached a 52-week high of ₹950 following UBS's decision to more than double its target price to ₹1000, reflecting a potential upside of nearly 9%. Despite retaining a 'neutral' rating, UBS highlighted the need for Paytm to improve its customer base and regain market share, which has dropped to 18.5% post-RBI actions. The brokerage anticipates that Paytm's adjusted EBITDA will break even by Q4 of the 2024-25 fiscal year, with FY26 revenue projected at ₹99 billion.