Archive · 13 Jan 2026
Macquarie Turns Positive on Paytm, Identifies New Winners
Suresh Ganapathy, who works at Macquarie Capital, thinks Paytm is a good investment now.
He also found other companies in the finance and insurance sectors that he believes will do well.
One of these companies is Axis Bank, which he says will have a lot of growth in the next few years and is currently a good price to buy.
This means he thinks these companies will make more money and be worth more in the future.
Macquarie Capital's Suresh Ganapathy turns positive on Paytm.
Identifies new winners in NBFCs and insurance sectors.
Axis Bank is highlighted for over 30% earnings growth by FY27.
Axis Bank is considered attractively valued.
Ganapathy sees a valuation catch-up opportunity in Axis Bank.
- Who
- Suresh Ganapathy, Managing Director and Head of Financial Services Research–India at Macquarie Capital
- What
- Macquarie turns positive on Paytm and identifies new winners in NBFCs and insurance
- When
- Not specified
- Where
- India
- Why
- Projected earnings growth and attractive valuation
- Analyst
- Suresh Ganapathy
- Company
- Macquarie Capital
- Stock
- Axis Bank
- Projected Earnings Growth
- Over 30% in FY27
- Valuation
- Attractive