Paytm shares zoomed 18% in fag-end trade; analysts see more upside potential in this multibagger
Shares of One 97 Communications, Paytm‘s parent, soared 18.47 per cent on Tuesday to hit an intraday high of Rs 771.95. The stock eventually settled 15.65 per cent up at Rs 753.60. At this price, it has delivered multibagger returns by rallying 143.10 per cent from its one-year low value of Rs 310, a level seen on May 9, 2024. Despite the mentioned spike, the scrip was down 24.51 per cent compared to its 52-week high of Rs 998.30, hit on August 20 last year.
Paytm Money, a wholly-owned subsidiary of One 97 Communications (which owns Paytm), today announced that it has launched a BSE futures and options (BSE F&O) trading service on its platform. “With trading charges kept at an affordable Rs 20 per trade order, along with applicable…
