Paytm share price rises despite weak market; do you own?

One97 Communications, parent company of Paytm, share price surged as much as 3 per cent on Tuesday despite weak market sentiments. At 9:33 am, the stock was trading at ₹685.75 apiece on March 11.

The stock was trading higher after the company said in a regulatory filing on March 9 that it has allotted 84,793 equity shares under its employee stock option schemes.