New Delhi: Paytm shares extended their rally for the second consecutive day, climbing over 7 per cent amid strong buying interest. The stock surged as much as 8.23 per cent to reach Rs 679.70 per share on the BSE. Shares of One 97 Communications, Paytm’s parent company, have been on an upward trend recently.
Paytm Share Price: Details
The share opened at Rs 636.9 and touched a high of Rs 687.4 while writing the article. The lower level that the share touched today is Rs 633.5. Yesterday’s closing price of Paytm shares is Rs 627.65. At 10:25 am, the trading volume of the stock is 17033928 and average price at which it is trading is Rs 668.37.
Paytm Share Price Performance
Paytm’s stock has gained more than 13 per cent in the past week and over 33 per cent in the last month. In the past three months, the stock has surged by over 74 per cent. Paytm’s share price has also jumped nearly 120 per cent from its 52-week low of Rs 310, which was recorded on May 9, 2024.
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The recent rally follows Paytm’s announcement on August 28 that it received approval from the Ministry of Finance to invest in its payment services business. With this approval, Paytm Payments Services Ltd (PPSL) can now resubmit its payment aggregator application and continue providing online payment services to existing partners.
As of 10:00 am on Tuesday, Paytm shares were trading 7.95 per cent higher at Rs 677.90 per share on the BSE.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
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