💨 Abstract
Paytm's Q2 results have boosted confidence among domestic institutions, driving a 4% increase in institutional ownership to 68%. Domestic mutual funds, notably Motilal Oswal and Mirae Asset, have shown sustained interest. Foreign Portfolio Investors (FPIs) have also increased their holdings by 0.7%. The growth reflects institutional trust in Paytm's strong financial trajectory and its leading role in India's digital payments ecosystem.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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