Paytm zooms 7%, reclaims ₹1,900 for 1st time since listing day in Nov 2021
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Paytm shares jumped 7 per cent on Thursday, hitting ₹1,903.05 on the BSE.
- ✓This marks the first time the stock crossed the ₹1,900 level since its listing day on November 18, 2021.
- ✓Investors got excited about the new UPI merchant discount rate framework, which helped the stock price gain momentum.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
One 97 Communications (Paytm) share price movement
Share price of One 97 Communications, the parent company of Paytm, hit a multi-year high of ₹1,903.05, rallying 7 per cent on the BSE in Thursday's intraday deals amid heavy volume on hopes of implementation of the new Unified Payments Interface (UPI) merchant discount rate (MDR) framework. The price of the fintech company crossed the ₹1,900 level for the first time since its listing day on November 18, 2021. The stock hit a high of ₹1,961.05 on debut. The company issued shares at ₹2,150 in the IPO.
Stock price Paytm crossed its previous high of ₹1,856.50 touched on September 16, 2026. With Thursday's rally, the stock bounced back 20 per cent from its previous month low of ₹1,582.95 touched on October 26, 2026.
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