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Paytm's stock surged to hit the 5 per cent upper circuit limit in early trade, maintaining its upward trajectory on Dalal Street. With this, Paytm shares have rebounded 16 per cent in the past just three trading sessions.
The stock touched an intraday high of Rs 603.35 on Tuesday. However, it also tanked 2 per cent to hit an intraday low of Rs 577.3 on BSE.
It closed 11.58 per cent higher at Rs 688.60 against the previous close of Rs 617.15 on the BSE. The market cap of the firm rose to Rs 44,659.94 crore.
The stock opened 1 per cent higher at Rs 550.20 against the previous close of Rs 543.90 on BSE.