Yes with 11k crore of cash and 5 percent stake in paypay Japan and considering ppbl as 0 the company is available at low valuations of 26 crore to me it makes a buy
Paytm sits on unique cash reserves advantage which is more than Phonepe, mobikwik , gpay combined.
Even if ppbl fastag is down , paytm will still going to be fastag recharge giant due to customers trust.
Maybe