It held a 17.5% stake in Paytm in September 2022 later it trimmed its ownership through multiple open market deals. After this sale, the company s stake in Paytm’s parent One97 Communications went down to 2.83 percent from 5.01 per cent earlier.
Paytm share price has jumped more than 35% so far in 2023, and brokerages see further upside in the fintech stock. The stock hit an intraday high of Rs 718 on NSE today. Watch this Business Today Visual Story to know whether you should buy Paytm shares.
Paytm share price today: Shares of One97 Communications Ltd (Paytm) jumped 5% on NSE in Monday s trade, rallying for the sixth straight day. The latest rise in Paytm share price was seen as a host of foreign brokerages stayed optimistic on the stock post the company s Q4FY23 results.