KKR & Co. (KKR, $23.21) and General Atlantic pursue digital payments opportunity in India
Global investment firm KKR & Co and General Atlantic LLC are reportedly exploring a potential investment in Flipkart’s digital payments arm, PhonePe Pvt. Ltd.
PhonePe is a new player in India’s growing digital payments market but has grown quickly over the last couple of years from $1.5 billion in 2017-18 to approx. $10 billion in 2019. With investors like Tiger Global and Tencent already showing interest in PhonePe, the payments business has emerged as an integral part of Flipkart’s overall strategy.
The booming market of digital payments, as well as the rise of start-ups in India, are key factors behind such lofty valuations. According to IDC Financial Insights report, digital transaction will surpass cash transaction in India by 2022.
For PhonePe, this is a great opportunity to build a consortium of investors who are likely to invest fresh funds in the coming years as its plans to take on Paytm and Google pay by enhancing its both online and offline presence.
For KKR, this forms a part of the PE firm’s strategy to add more tech-focused investments in India as it plans to expand and diversify its India portfolio.
Providing several digital payment services like peer-to-peer transfer, recharges, bill payments and gold purchases, among others, as of December 2018, PhonePe has already crossed a billion transactions.
Momentum Indicator for KKR turns positive, indicating new upward trend
KKR saw its Momentum Indicator move above the 0 level on June 11, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 85 similar instances where the indicator turned positive. In of the 85 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for KKR just turned positive on June 09, 2026. Looking at past instances where KKR's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
KKR moved above its 50-day moving average on June 15, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KKR advanced for three days, in of 340 cases, the price rose further within the following month. The odds of a continued upward trend are .
KKR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The 10-day moving average for KKR crossed bearishly below the 50-day moving average on May 26, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KKR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for KKR entered a downward trend on June 12, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. KKR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. KKR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.179) is normal, around the industry mean (4.377). P/E Ratio (33.663) is within average values for comparable stocks, (26.236). Projected Growth (PEG Ratio) (0.538) is also within normal values, averaging (1.771). KKR has a moderately low Dividend Yield (0.008) as compared to the industry average of (0.091). P/S Ratio (4.715) is also within normal values, averaging (17.514).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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