Paytm, Groww to PB Fintech: Jefferies names 5 financial stocks with 11% to 25% upside
Jefferies has identified five Indian financial companies, including fintech firms Groww and Paytm, that are expected to see strong revenue growth and benefit from their scale. The brokerage has given them a ‘Buy’ rating and predicts at least 25% compound annual growth in operating profit over the next three years for these companies.