Positive impactCompany
Paytm shares rise 4% after Jefferies raises target close to IPO price; Bernstein bullish
CNBC-TV18 1 hr ago·11 Sept 2026, 6:57 am
Paytm shares climbed over 4% as two major global brokerages, Jefferies and Bernstein, turned bullish on the fintech major. Jefferies specifically highlighted the company's strength in monetising its vast customer base, noting that the upcoming changes to the near-zero merchant discount rate (MDR) regime will now favour Paytm. This regulatory shift is expected to improve the company's revenue streams by allowing it to earn more from transaction processing.
For investors, this renewed institutional support signals a potential shift in sentiment regarding Paytm's long-term profitability. The focus now is on how effectively the company can leverage this new regulatory environment to boost its earnings. Market participants will closely watch the company's quarterly results to see if these positive brokerages notes translate into actual business growth and sustained stock performance.
Excerpt from CNBC-TV18
Jefferies said Paytm stands out for its ability to monetise its customer base despite the near-zero merchant discount rate (MDR) regime, which is now changing favourably. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its…Read the original at CNBC-TV18
Key takeaways
- Category: Company.
- AI reads the tone as positive (potentially bullish) for the stock.
Why it matters
A routine update. 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.
