Paytm share price jumps 7% to 52-week high on UPI MDR move – should you buy?
Shares of One 97 Communications, the parent company of Paytm, surged over 7% on Wednesday, September 16, after the government announced the introduction of the first-ever Merchant Discount Rate (MDR) on certain UPI transactions above ₹2,000. The move has put the spotlight on a potential new revenue stream for digital payments companies, with brokerages raising their expectations for Paytm.
Paytm shares climbed as much as 7.2% to ₹1,856.50 per share, marking a fresh 52-week high. The stock has now soared 96% from its 52-week low of ₹947.10, hit in March 2026.
