ONE 97 COMMUNICATIONS LTD

Paytm: JPMorgan on Paytm Upgrades to Overweight with Target Price of ₹2,100 from ₹1,300 as UPI MDR could create a ~₹17,000 crore industry revenue pool, with Paytm monetising both TPAP and acquiring-PA legs, driving a 35–54% FY27–29 EBITDA/EPS upgrade and higher target multiple of 46x.

Paytm : Jefferies on Paytm Raises Target Price to ₹2,150 from the higher-than-expected 40bps MDR on UPI P2M payments above ₹2,000, raising FY28-29E revenue estimates by 10-12% and expanding the industry revenue pool.

UPI Fee Boosts Paytm, Axis Bank Shares

UPI fee of 0.4% on P2M transactions above Rs 2,000 starting Oct 15 boosts fintech revenue outlook. Shares of Paytm, Mobikwik, Yes Bank, and Axis Bank rose 2-8% in early Wednesday trade. Source: VCCircle

Bernstein Ups Paytm's MDR to 10 bps; FY27 EPS Forecast Raised 27%

Bernstein raised Paytm's merchant MDR from 9 bps to 10 bps. FY27E EPS increased by 27%; limited impact on FY28E–FY30E EPS. Source: ScoutQuest

Paytm Gains ₹2,400 Target as MDR Revamp Boosts Sector

Paytm, Pine Labs, and MobiKwik shares saw profit booking post new MDR framework implementation. Emkay raised Paytm's target price to ₹2,400, Pine Labs to ₹320; industry revenue pool estimated at ₹17,000 crore. Source: CNBC TV 18

Paytm Gains 7% as UPI MDR Reshapes Payments; Pine Labs Falls 6%

Paytm surged 7% to ₹1,856.5; Mobikwik gained 6% to ₹214 due to UPI MDR charges. Pine Labs slumped 6% to ₹182 as UPI MDR charges reshape payment business sustainability. Source: Business Standard

UPI To Introduce 0.4% MDR Above ₹2,000, Capped At ₹300 From Oct 15; ₹22,000 Crore Fy28 Revenue Pool Seen - Newspaper ( Paytm )

Dixon, Paytm, ITC Shine Amid Market Shifts; UPI MDR Boosts Growth

Brokerages analyze Dixon Tech, Solar Industries, Urban Company, Indus Towers, citing challenges, growth drivers, and market shifts. UPI MDR boosts banking, app providers; YES Bank, Paytm, and hotel stocks like ITC Hotels highlighted for strong growth. Source: NDTV Profit

Goldman Sachs Sees Paytm Earnings Boost with MDR Rollout

Goldman Sachs predicts major earnings upgrades for Paytm post MDR implementation. Source: ScoutQuest

Paytm Eyes Merchant Gains as NPCI Sets MDR on UPI P2M Transactions

Paytm discloses NPCI's introduction of MDR upto 0.4% on UPI P2M transactions exceeding ₹2,000, effective Oct 15, 2026. UPI payments remain free for customers; Paytm anticipates additional merchant revenue, with further updates pending impact assessment. Source: BSE

Paytm Jumps 77% in 6 Months; Brokerages Turn Bullish

Paytm shares surged 77% in 6 months, drawing bullish sentiment from brokerages. Brokerages are increasingly optimistic about Paytm's growth potential. Source: ScoutQuest

Paytm, Fintech Stocks Rise 5%; Yes Bank Gains on Recovery

Paytm and other fintech stocks like Pine Labs, Mobikwik rose by up to 5%. Yes Bank saw a 5% gain as banks recovered from earlier lows. Source: ScoutQuest

Paytm Gains 4% as Jefferies Targets ₹2,100, Bernstein Sees ₹2,200

Paytm shares rose 4% as Jefferies raised its target to ₹2,100, near IPO price, citing strong monetisation and growth potential. Bernstein maintained 'Outperform' with a ₹2,200 target, highlighting MDR on UPI and operating leverage as key profitability drivers. Source: CNBC TV 18

Paytm Rises 3% as Jefferies Ups Target

Paytm shares gain 3% as Jefferies raises target price. Source: ScoutQuest

Paytm: Bernstein on Paytm Outperform, Target Price ₹2,200, as the existing business offers meaningful operating leverage and potential introduction of MDR on UPI could provide significant profitability upside; sees a clear right to win and a long growth runway.

Paytm Gains 3% on Block Deal Buzz

Paytm shares rose 3% following reports of a large block deal. Details of the block trade are yet to be disclosed by the exchange. Source: NDTV Profit

Paytm Hits 52-Week High on Block Deal Buzz, AI Expansion

Paytm surged 5.03% to Rs 1,753, hitting a 52-week high amid block deal reports and AI expansion plans. Paytm plans AI-driven services, hiring 4,000 employees, with stock up 176% in two years but below IPO price. Source: NDTV Profit

Paytm Hits 4-Year High, Still 24% Below IPO Price; UPI MDR Changes Eyed

One97 Communications, Paytm's parent, surged 70% FY27, hitting a 4-year high, but remains 24% below Rs 2,150 IPO price. Potential UPI MDR changes could boost earnings, but risks include competition, valuation concerns, and revenue mix challenges. Source: NDTV Profit