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Paytm Shares Jump After First Full Year Profit Sparks Fresh Buy Calls

Business
Published on 8 May 2026
Paytm Shares Jump After First Full Year Profit Sparks Fresh Buy Calls

Brokerages stayed bullish after Paytm hit a rare milestone

Paytm’s parent One 97 Communications gained around 2% after investors cheered the fintech’s first full year of profitability. Shares rose to an intraday high of ₹1,219.10 as brokerages like Goldman Sachs and Citi kept Buy or Outperform ratings, pointing to stronger revenue momentum and growing payments market share even as regulation continues to reshape the landscape.

  • Paytm shares rose nearly 2% after reporting full-year profitability
  • Goldman Sachs and Citi retained bullish ratings post turnaround
  • Revenue momentum and payments market share gains cited despite regulation
  • Investors reacted positively to improved financial health
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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