Paytm, Groww And PB Fintech: Why Jefferies Sees Up to 25% Uptick Potential In These 5 Stocks

Amid the ongoing downward momentum and volatility in the domestic stock market, global brokerage firm Jefferies identified five stocks from the Indian fintech industry and initiated coverage, issuing ‘Buy’ ratings with up to 25 per cent uptick potential. The list includes Poonawalla Fincorp, Groww, AU Small Finance Bank, Paytm and PB Fintech.  

Jefferies believes that these companies can deliver at least 25 per cent compound annual growth in operating profit over the next three years, while maintaining healthy revenue growth and benefiting from scale. 

5 Stocks To Invest: Jefferies ‘Buy’ Ratings For PB Fintech, Paytm And Others 

1 Groww  

Jefferies has initiated coverage on Groww with a 'Buy' rating and a target price of Rs 240, implying a 23 per cent upside potential from the current price. The brokerage expects Groww to achieve a 30% compound annual growth rate (CAGR) in its net profit from FY2026 to FY2029.

Target Price: 240

Uptick Potential -  23 per cent 

AU Small Finance Bank 

2- Jefferies has initiated coverage on AU Small Finance Bank with a 'Buy' rating and a target price of Rs 1,270, implying a 20% upside potential.

Target Price- Rs 1,270 

Uptick Potential - 20 Per Cent

3- Poonawalla Fincorp 

The global brokerage firm has initiated coverage on Poonawalla Fincorp with a 'Buy' rating and a target price of Rs 560, implying a 25 per cent upside potential from the current price.

Target Price- Rs 560 

Gaining Potential - 25 Per Cent

4- Paytm 

Jefferies has assigned a 'Buy' rating to Paytm and raised its target price from Rs 1,600 to Rs 2,100. This shows a 20 per cent upside potential.

Target Price - Rs 2,100

Uptick Potential - 20 Per Cent

Also Read: Stock To Watch: Indiabulls Announces 70% Stake Acquisition Plan In Fintech Cloud; Shares Jump 50% YTD

5- PB Fintech 

The brokerage has assigned a 'Buy' rating to PB Fintech and a target price of Rs 2,050, implying a 14 per cent upside potential.

Target Price - Rs 2,050

Uptick Potential - 14 Per Cent

Disclaimer: This story is for informational purposes only. It should not be considered as investment advice. Please seek investment advice from an advisor before investing.