Paytm share price hits 52-week high today. What's driving the rally?
1 month ago

Paytm share price hits 52-week high today. What's driving the rally?

India Today  

Shares of One 97 Communications Ltd, Paytm’s parent company, climbed over 3.5% to hit a fresh 52-week high on Friday. The stock jumped 3.60% to hit a 52-week high of Rs 990.90 on Friday. The rally followed media reports suggesting that Paytm may sell its stake in Japan's PayPay to SoftBank for $250 million. The company posted its first-ever quarterly profit of Rs 928.3 crore in Q2 FY25, driven by a Rs 1,345.4 crore exceptional gain from selling its ticketing business to Zomato.

History of this topic

2024 Review: From rock bottom to market darling – Paytm soars 220% from low, emerges as top turnaround stock
2 weeks, 4 days ago
MTNL share price jumps over 12% today. What's behind the rally?
4 weeks, 2 days ago
Paytm shares hit 52-week high; up more than 3%
1 month ago
Paytm shares rise 3% to hit 52-week high. What's driving the rally?
1 month ago
Paytm shares rise above Rs 1,000 today. 3 things you need to know
Trending News
1 month ago
Paytm’s Singapore arm approves stake sale in Japan’s PayPay
1 month ago
Paytm share price hits 52-week high, up 185% in 6 months: More gains ahead?
1 month ago
Paytm Share Price Today on 27-11-2024: Paytm share price are up by 2.12%, Nifty down by -0.02%
1 month, 2 weeks ago
Paytm has made a big new bet. Will it pay off?
1 month, 2 weeks ago
Paytm Share Price Today on 26-11-2024: Paytm share price are up by 0.54%, Nifty down by -0.08%
Top News
1 month, 2 weeks ago
Paytm Share Price Today on 25-11-2024: Paytm share price are down by -0.81%, Nifty up by 1.68%
1 month, 2 weeks ago
Paytm Share Price Today on 22-11-2024: Paytm share price are up by 5.78%, Nifty up by 1.28%
1 month, 2 weeks ago
Paytm shares jump 3% today after brokerage Bernstein's update. Should you buy?
1 month, 2 weeks ago
Paytm, 13 other Nifty 500 stocks shine amid market selloff, gain up to 38% in a month
1 month, 3 weeks ago
Paytm Share Price Today on 11-11-2024: Paytm share price are down by -3.3%, Nifty down by -0.03%
2 months ago
Paytm Stock Price Today: Up 2.85%, Nifty Down 0.35%
Trending News
2 months, 1 week ago
Paytm Stock Price Today: Up 1.36%, Nifty Down by -0.09%
2 months, 1 week ago
Paytm Soars on Strong Q2FY25 Performance, With Analysts Upgrading Ratings
2 months, 2 weeks ago
Paytm's Surge: Regulatory Approval Fuels Growth Potential
2 months, 2 weeks ago
Paytm's Entertainment Ticketing Business Booms, Propelling Profit
2 months, 2 weeks ago
Paytm Stock Price Today: Up 1.68%, Nifty Down 0.41%
2 months, 3 weeks ago
Paytm Block Deal: Shares Fall 3% After Equity Worth Rs 328 Crore Changes Hands
3 months, 2 weeks ago
Paytm share price rallies over 8%; jumps 120% in four months. More steam left?
4 months ago
One 97 Communications share are down by -1.74%, Nifty down by -0.9%
4 months ago
Paytm shares rise over 12% today: What should investors do?
4 months, 1 week ago
Paytm shares jump 5% today. Check price targets
4 months, 1 week ago
Paytm share price dips after Sebi warning, company says no impact on operations
5 months, 3 weeks ago
Paytm share price rises 10%, up 18% this month: Top reasons why
6 months ago
Goldman Sachs sells 44.20 lakh shares worth ₹183 crore in Paytm: What we know
6 months, 3 weeks ago
Paytm’s market share Continues to fall after RBI crackdown
7 months ago
Paytm hits 5% upper circuit for third consecutive session. Here's why
7 months, 1 week ago
Paytm Stock Surges 5%; Hits Upper Circuit For Second Consecutive Day
7 months, 1 week ago
Paytm shares hit upper circuit for second straight session: What brokerages said
7 months, 1 week ago
Vijay Shekhar Sharma says ‘worst behind us’, brokerages say Paytm may fall 25% more. Here's why
7 months, 2 weeks ago
Paytm layoffs: Company warns of job cuts as revenue falls 2.7%
7 months, 2 weeks ago
Paytm Q4 results: Loss widens to Rs 549.60 cr, revenue falls 2.6%
7 months, 2 weeks ago
Paytm's Q4 revenue falls 3 per cent to Rs 2,267 crore
7 months, 2 weeks ago
Paytm share price hits upper circuit after touching 52-week low. Buy or wait?
8 months ago
Paytm share price falls nearly 3% after payments bank chief quits
9 months ago
Paytm's UPI market share drops to 9%, reaches lowest in four years. Is PhonePe gaining?
9 months ago
Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say
9 months, 3 weeks ago
Paytm stock gains for 4th consecutive day: Is the worst over?
9 months, 3 weeks ago
Paytm share price up 5% after NPCI grants third-party app license: Will it recover?
9 months, 3 weeks ago
Paytm share price drops 5% ahead of Payments Bank deadline: Will fall continue?
9 months, 4 weeks ago
SoftBank’s Stake in Paytm Down to 2.83 pc
10 months, 1 week ago
Paytm Shares Rise Over 2% As CEO Vijay Shekhar Sharma Steps Down Amidst Regulatory Scrutiny
10 months, 2 weeks ago
Paytm shares settle marginally lower after hitting upper circuit limit in intra-day trade
10 months, 2 weeks ago
Paytm shares rebound after losing 50% in a month. What's next?
10 months, 2 weeks ago
Paytm Share Price Today: Hits 5% upper circuit. Will it completely recover?
10 months, 3 weeks ago

Discover Related