Paytm Shares Primed for Major Earnings Boost: Goldman Sachs

Paytm's shares may be in line for a significant earnings boost, according to Goldman Sachs. The brokerage firm believes that the implementation of the new MDR (Merchant Discount Rate) framework will result in a 'material earnings upgrade' for Paytm.

Goldman Sachs cites an MDR quantum and sharing ratio higher than investor expectations as the reason behind its bullish view on Paytm's earnings. This could potentially lead to an upside in Paytm's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization).