Paytm closes above Rs 1k mark after 3 yrs; firm value crosses Rs 64k cr
By
Binu Mathew
One97 Communications (Paytm) closed above the Rs 1,000 mark for the first time in three years. Shares ended at Rs 1,007, up 2.32 per cent, valuing the firm at Rs 64,184 crore.
Shares of Paytm have rallied nearly 30 per cent in the past one month. The gains come amid a sale by firm’s Singapore unit in Japanese payments company PayPay for Rs 2,364 crore last week.