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) +22.6% against Financial Services -14.9% (37.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| One97 Communications (Paytm)PAYTM · Financial Services | ₹1,634.30 | -3.1% | -2.6% | +22.6% | -11.7% | 0.5× | — |
Financial Services
1M -8.8% · 3M -14.9%
One97 Communications (Paytm)
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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