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InCred's target price translates into 30.7 per cent downside in the share price from previous close of Rs 721.15 per share.
The Adobe Analytics report predicts spending on Cyber Monday to rise 5.2 per cent as inflation-weary consumers have been putting off holiday shopping for weeks
In terms of the number of transactions, credit card transactions were marginally lower online at 11 crore as against 11.1 crore offline or at PoS machines
They're also safer than credit and debit cards, and online transactions; just make sure you don't overload your prepaid card with too much money
Peer or network advocacy (52%) played a critical role in drawing people to try online food ordering for the first time
E-commerce for products such as apparel and accessories, consumer electronics, durables, food and grocery, is likely to be the biggest constituent with the market size estimated to reach USD 40-45 bn
This is against an online spending of Rs 4,92,500 crore in 2016