Archive · 27 Jan 2026
Paytm Shares Show Potential 53% Upside
Paytm's stock has been going down recently, with a big drop in one day.
Some people are worried because a special program that helps digital payments in small towns might not continue.
But a company called JM Financial thinks the stock is still a good buy.
They think it could go up by 53% in the next few years.
They believe Paytm will make more money and grow fast, even if the program ends.
So, they recommend buying the stock.
Paytm shares have declined over 13% in the past month, with a 9.5% single-day drop.
Concerns about the non-renewal of the RBI-backed Payment Infrastructure Development Fund (PIDF) triggered the decline.
JM Financial considers the market reaction premature and exaggerated.
The brokerage forecasts a 53% potential upside, with a target price of Rs 1,740 by March 2027.
Paytm is expected to triple its EBITDA over the next two years, growing at a 25% revenue CAGR.
- Who
- Paytm (One 97 Communications)
- What
- Stock price decline and potential upside
- When
- Recent decline over the past month
- Where
- Traded on BSE
- Why
- Concerns about the Payment Infrastructure Development Fund (PIDF) not being renewed
- Current Share Price
- Rs 1,134.95
- Monthly Decline
- 13%
- Single-Day Correction
- 9.5%
- EBITDA Forecast (FY28)
- Rs 25.9 billion
- Target Price (March 2027)
- Rs 1,740
- Potential Upside
- 53%
- Revenue CAGR
- 25%
- EBITDA Multiple
- 40x
