Paytm rallies 6%, trades higher for fifth straight day; nears 52-week high

Shares of One97 Communications, which owns and operates fintech platform Paytm, have continued their upward trajectory, and rallied 6 per cent to Rs 897.90 on the BSE in Friday’s intra-day trade amid heavy volumes. The stock of the fintech company is quoting higher for the fifth straight day, having surged 19 per cent during the period.

The stock price of the company is trading at its highest level since November 2023; it is inching towards its 52-week high level of Rs 926.70 that it touched on November 23, 2023.