Paytm shares rise despite Mauritius-based FII booking partial profit in fintech company
Paytm share price gained more than 1% to touch a 52-week high on Thursday, 6 August, even as early investor Elevation Capital and its affiliated entities pared their holdings through a large block deal worth over ₹2,038 crore.
According to exchange data, Elevation Capital V sold 10.20 lakh shares for ₹139.55 crore, while SAIF III Mauritius Company offloaded 97.43 lakh shares worth ₹1,332.7 crore.
