PAYTM Shares Decline Over 1% After Q2 Results; Brokerages

PAYTM shares fell over 1% in Tuesday’s morning session, surrendering early gains following the company’s Q2 results. However, major brokerages, including Bernstein, Jefferies, Citi and Goldman Sachs, maintained a positive stance on the fintech company. 🔥 KEY HIGHLIGHTS 🔹 Share Performance: Dropped over 1% after reversing early gains. 🔹 Brokerage Sentiment: Bernstein, Jefferies, Citi and Goldman Sachs retained favourable ratings. 🔹 Upside Potential: Bernstein anticipates approximately 33% upside. 🔹 Citi’s View: Raised its price target on the stock. 🔹 Growth Prospects: Improving profitability, stronger operating margins and potential UPI merchant discount rate (MDR) implementation could support future earnings. 📊 NIVESH RESEARCH VIEW: Despite the near-term share price weakness, brokerage sentiment remains positive. Investors may monitor earnings momentum, operating margins, UPI monetisation developments and valuation trends while evaluating the company’s outlook. #NiveshResearch #Paytm #Q2Results #Fintech #DigitalPayments #StockMarket #IndianStocks #NSE #BSE Investment in securities market are subject to market risks. Read all the related documents carefully before investing.