Paytm shares rise 2% after Q2 results. What are Jefferies, Goldman Sachs, and others saying?
Jefferies, Goldman Sachs and Citi rate stocks including One97 Communications.
· Economic Times Markets, ET Stocks
Paytm shares rose after the fintech major reported a 976% year-on-year jump in Q2 net profit and 28% revenue growth. Jefferies, Goldman Sachs and Citi retained Buy ratings, with target prices pointing to potential upside.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Jefferies, Goldman Sachs and Citi, with ratings on the stocks named. The stocks: One97 Communications (Paytm).
- Over three months: One97 Communications (Paytm) +28.9% against Financial Services -13.2% (42.1 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| One97 Communications (Paytm)PAYTM · Financial Services | ₹1,631.20 | -1.4% | -1.1% | +28.9% | -11.8% | 0.8× | — |
Financial Services
1M -11.5% · 3M -13.2%
One97 Communications (Paytm)
Prices as of 27 Oct 2026, 11:42 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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