Paytm shares surged over 5% in intraday trading on March 18, 2025, following SEBI’s approval for its subsidiary, Paytm Money, to operate as a Research Analyst.
At 10:40 AM, Paytm’s stock was up 4.8% at ₹721.9, after reaching an intraday high of ₹724.25, outperforming the 1.13% gain in the BSE Sensex. The approval allows Paytm Money to offer SEBI-compliant research services, including investment insights and data-driven analysis, which will soon be integrated into its app to help investors make informed decisions.
Despite this boost, Paytm’s stock has faced a steep decline in 2025, dropping 32.3% year-to-date and 35.2% from its 52-week high of ₹1,063 in December 2024. The company, India’s largest fintech by revenue, has a strong foothold in the small merchant ecosystem and holds around 35% market share in UPI acquiring.
Analysts see growth potential for Paytm, especially in lending, with its newly launched DLG model. JM Financial Services maintains a ‘Buy’ rating with a target price of ₹1,250 for March 2026, expecting a 23% revenue CAGR and improved profitability by FY30.
