Vijay Shekhar Sharma, founder of Paytm, acquires a 10.30% stake in the company from Antfin.

This move results in a Chinese entity no longer being the largest shareholder in Paytm.

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Analysts view this change as positive for Paytm's fundamentals and stock outlook.

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Vijay Shekhar Sharma's stake in Paytm increases to 19.42%, making him the largest shareholder.

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Antfin's stake in Paytm drops to 13.5% following the ownership transfer.

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The shift in ownership structure is expected to alleviate concerns about potential supply overhang.

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Vijay Shekhar Sharma's confidence in Paytm's growth is evident through his substantial investment.

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The ownership change mitigates the risk of a major stakeholder entering the company, enhancing stability.

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BofA Securities maintains a "Buy" rating for Paytm, projecting a target price of ₹1,020 per share.

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