Brokerages reaffirm bullish outlook on Paytm; cite profitability momentum, AI-led growth

Major brokerages, including Bernstein, Jefferies, JM Financial, Mirae Asset Capital Markets, Emkay Global, and YES Securities, have reiterated their positive stance on One 97 Communications Ltd (Paytm) following its Q2FY26 results.

The brokerages in their market update highlighted the company’s sustained profitability, strong financial services expansion, and AI-driven innovation as key drivers of continued growth and investor confidence.