ICICI Securities maintains a bullish stance on Pine Labs, backed by strong growth prospects, improving profitability, and a scalable business model, making it a compelling play in India's evolving digital payments ecosystem.
ICICI Securities initiated coverage on Pine Labs with a bullish outlook, projecting up to 36% upside. This positive view is driven by Pine Labs' strong growth prospects, improving profitability, and a scalable business model. The firm considers Pine Labs a compelling investment…
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