Paytm share price rises: What investors need to know
India Today
Paytm or One97 Communications limited share price was up by 2.15 per cent to Rs 619.45 on BSE India.
Paytm's share price on Wednesday rose on both BSE and NSE. Shares of One97 Communications were up over 2 per cent after the company's average monthly users on its Paytm super app rose 48 per cent for the two months ending May.
One97 Communications limited share price was up by 2.15 per cent to Rs 619.45 on BSE India. Shares of One97 Communications limited on NSE were up by 2.14 per cent to Rs 619.50.
One 97 Communications said the average monthly transacting users on Paytm Super App is up 48 per cent for two months ending May 2022. The company has reported 105 per cent year-on-year increase in merchant payment volumes for two months ending May, 2022 at $26.2 billion.
Paytm or One97 Communications limited shares were listed on stock markets through an initial public offering (IPO). It is still one of the largest IPOs in the Indian market.
Shares of One97 Communications Limited were listed at 1,564.15 on the stock market against the Paytm IPO issue price of Rs 2,150. Even after today's rise, Paytm's share price was still down by Rs 1,530.
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