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Paytm shares surge, hits upper circuit again at Rs 395
The Business Guardian
|February 22, 2024
Shares of One97 Communications which owns Paytm brand hit the upper circuit for the fourth consecutive session on Wednesday.
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The Paytm scrip has rebounded since Friday and gained more than 21 per cent from Thursday's closing level of Rs 325.
The rally in shares of One97 Communication came amid reports that the Directorate of Enforcement (ED), which has been probing crisis-hit fintech company's arm.
Paytm Payments Bank Ltd (PPBL), has not found any breaches of the foreign exchange rules so far.
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