Positive impactResults
Paytm shares fall but Goldman Sachs still finds risk-reward favourable, sees stock past ₹2,000
CNBC-TV18 1 hr ago·8 Oct 2026, 5:05 am
Paytm shares experienced a decline recently, but Goldman Sachs maintains a positive outlook on the stock's long-term potential. The brokerage firm believes the risk-reward profile remains favourable and has set a price target significantly above the current market price. This optimism is driven by an updated valuation model that factors in the regulatory changes regarding UPI transaction charges.
The firm has revised its earnings per share (EPS) estimates upwards by up to 39%. This adjustment reflects its confidence in Paytm's ability to monetise its digital payments ecosystem effectively. Investors should note that this upgrade comes despite the recent share price drop, highlighting the brokerage's belief in the company's future growth trajectory.
What to watch next involves the actual implementation of the new UPI MDR (Merchant Discount Rate) norms. Market participants will closely monitor how these charges impact transaction volumes and the company's overall profitability. Keeping an eye on the quarterly results will be crucial to understanding if the brokerage's optimistic EPS projections are on track.
Excerpt from CNBC-TV18
Goldman Sachs said it has incorporated the UPI MDR into its estimates and raised its earnings per share (EPS) estimates for the stock by up to 39%. Underlying market share, revenue growth and margin momentum for the business remain strong, a trend that the firm expects to continue going forward. The recently announced…Read the original at CNBC-TV18
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
