GENERAL11 Sept 2026
Paytm soars 4% in weak market, nears new high; stock up 90% from March low
Paytm shares rose about 4% on Friday even as the wider market stayed weak, and are now up 90% from the March low. Jefferies raised its FY28-29 earnings estimates by 20-25% to factor in a 25 basis point merchant discount rate (MDR) on UPI, and lifted its price target to ₹2,100 from ₹1,600. If you hold Paytm, read this as analyst optimism, not a guarantee.
Key Statutory Highlights
- Paytm shares gained about 4% on Friday, even though the wider market was weak.
- The stock is up 90% from its March low and is nearing a new high.
- Jefferies raised its Paytm price target to ₹2,100 from ₹1,600 and lifted FY28-29 earnings estimates by 20-25%, factoring in a 25 basis point MDR on UPI.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy Paytm, weigh this single broker call against your own goals and risk comfort before acting, and speak to your advisor if unsure.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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