This midcap fintech stock has fallen 59% from its IPO issue price: Should you buy, hold or sell?

Even aft a stringent crackdown connected the leading payments entity's Payment Bank limb aboriginal this year, the banal of Paytm has recorded a crisp recovery. After hitting a 52-week debased of Rs 310 per stock connected May 9, the banal has travel powerfully and gained a crisp 186 per since then. Further adding to the gains, it topped its caller 52-week precocious level of Rs 939 per stock connected November 25- taking the full gains to 203 per cent from those levels.

Now as Paytm is astatine a captious juncture with some maturation oppotunities astatine manus coupled with regulatory concerns, investors request to beryllium highly cautious of their concern instrumentality connected the banal going ahead.

Also, from the company's IPO contented terms of Rs 2,150 per stock , the banal has cracked a crisp 59 per cent considering the erstwhile adjacent of Rs 886.

So, successful this backdrop and citing different factors specified arsenic the important betterment being priced in, UBS has continued with its 'neutral standing connected the antagonistic -with a people of Rs 1,000- implying gains of astir 13 per cent.

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