Paytm shares recover for 2 straight sessions, rise over 16%

Shares of One97 Communications Limited, Paytm's parent firm, rallied nearly 16 per cent during Wednesday's intra-day trading session. Here is all you need to know.

Shares of One97 Communications, Paytm’s parent firm, recovered sharply for the second straight session after falling sharply for the first two days.

Paytm shares were trading nearly 16 per cent higher on the Bombay Stock Exchange (BSE) at above Rs 1,700 apiece at 12:50 pm. On the NSE, too, the shares of the leading digital payments firm rose nearly 16 per cent.