New,Delhi,,India-,December,30,2016:,Paytm,Bar,Code,For

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Paytm&#39;s share price has surged up over 70% on a year-to-date basis. Analysts at Bernstein see the stock surging further up as they think that the payments giant has a head start in the lending business. 

Paytm Shares Surged 70% This Year: Why This Global Analyst Sees Further 20% Rally

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Bernstein anticipates the Indian e-commerce market to grow from $24 billion (₹1,98,570 crore) in 2018 to $133 billion (₹11,00,409.39 crore) by 2025, signifying a five-fold increase and an annual growth rate of approximately 30%.

Reliance Poised To Dominate India&#39;s Booming E-Commerce Sector, Says Bernstein

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