People can place orders in grocery and restaurant segments for now
The global research and broking house suggests investors buy the stock at the current levels and maintains a 12-month target price of Rs 1,100 on the counter
Its stock dropped to an intraday low of Rs 681.2 before closing at Rs 708.6, down 2.6 per cent over its previous day's close
Paytm continues to have market leadership by transaction volume
The Bazaar comprises of products sold offline with a high demand reflected in the Tier II and Tier III markets