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Paytm shares surge 5% on fresh upper circuit limit
The Business Guardian
|February 28, 2024
Share to hares of One97 Communications Ltd, the owner of the Paytm brand, jumped another 5 per cent on Tuesday to hit the highest trading permissible limit for the day.
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The stock climbed 4.98 per cent to Rs 449.30 - its upper circuit limit on the BSE even after a muted opening to the trade. Shares of the fintech firm exhibited highly volatile trends falling to the day's low of Rs 413.55. Later, the stock bounced back and quoted 1.18 per cent higher at Rs 433.
At the NSE, shares of the company rallied 4.99 per cent to reach the highest trading permissible limit for the day at Rs 449.50 despite a weak beginning.
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