Paytm shares extend gain, touches upper circuit of 10%; jump 12% in 2 days
Since the share market remained subdued on June 4 and 5, it impacted the Paytm stock also as it touched the lower circuit for two consecutive days. But it rose nearly two per cent on Thursday and made a rousing start on BSE on Friday.
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Paytm Share Price: The stock of One 97 Communications, the parent company of Paytm, extended gains on BSE on Friday (June 7, 2024) as they touched the upper circuit of 10 per cent.
The Paytm stock, which hit a lower circuit each on June 4 and 5 in the aftermath of the Lok Sabha Elections 2024 result announcement, started recovering on Thursday, when it rose nearly two per cent.
But the stock of the digital payment provider made a rousing start on Friday as it skyrocketed by 10 per cent to Friday's high of Rs 381.20 after closing at Rs 346.55 in the previous session.
Paytm shares were trading higher by 10.00 per cent, or Rs 34.65, at Rs 376.80 each at 12:20 pm on Friday.
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