Paytm share witness a good rally of 9%, increasing 11.53% in 2 days

Paytm’s parent company, One 97 Communications, witnessed its shares rise more than 9% on the BSE on Friday, June 7, 2024, continuing its recent upward trend.

Following the announcement of the Lok Sabha Elections 2024 results, the Paytm stock fell on June 4 and 5, but it started to rise on Thursday, increasing by around 2%.

However, the shares of the digital payment provider had a wild start on Friday, rising 9.62% to a day’s high of Rs 379.90 after closing at Rs 346.55 the previous session.

Paytm shares were up 8.73 per cent, or Rs 30.25, to Rs 376.80 on Friday.

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