Paytm share price jumps 3% to 6-week high, soars 25% in 15 sessions. Will the rally continue?

Stock market today: Extending their winning streak for the second straight day, shares of One 97 Communications, the parent company of Paytm, rose nearly 3% in intraday trade on Wednesday, April 02, to hit a 6-week high of ₹822.70 apiece.

The company, one of India’s leading payments and financial services distribution firms, has seen its shares rise steadily since March 11, gaining 25% in just 15 trading sessions (including today). This surge has brought the stock closer to its February high of ₹823 apiece.