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Paytm shares surge, Hit upper circuit at Rs 428
The Business Guardian
|February 27, 2024
Shares of Paytm owner One97 Communications jumped 5 per cent in the morning trade on Monday after Reserve Bank asked retial payment settlement body NPCI to examine the possibility of migrating Paytm Payments Bank customers using ‘@paytm’ UPI handle to other banks.
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The stock of crisis-hit fintech company climbed 5 per cent each to Rs 428.10 and Rs 427.95 apiece — also its upper circuit limit — on the NSE and BSE.
In the morning trade, the 30-share BSE Sensex benchmark slumped 288.71 points or 0.39 per cent, while NSE Nifty fell 71.55 points to 22,141.15.
On Friday, the scrip of One97 Communications rallied 5 per cent and locked in upper circuit limit on the BSE.
Denne historie er fra February 27, 2024-udgaven af The Business Guardian.
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