📰 ET Stocks 🟢 BULLISH 🕒 15 Oct 2026, 08:52 AM IST

Paytm shares get new Buy rating after Nomura initiates coverage. 3 reasons behind bullish call

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Paytm shares get new Buy rating after Nomura initiates coverage. 3 reasons behind bullish call

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Market & Financial Impact: Nomura has initiated coverage on Paytm with a Buy rating and a target price of Rs 2,250, implying an upside of 31%. The brokerage expects EBITDA to grow at a 96% CAGR over FY26-29F, driven by payments, merchant lending, AI-led cost efficiencies and potential UPI MDR revenue. International expansion and enterprise AI product Pi offer additional growth opportunities.

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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Paytm shares get new Buy rating after Nomura initiates coverage. 3 reasons behind bullish call

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