Paytm Share Price Soars Once Again
📈📈📈 Good news for investors as Paytm share price continues to rise. The company’s shares opened with gains on Thursday and Friday, with Friday seeing a high of ₹349.95 on the BSE after hitting an upper circuit.
Over the past two days, Paytm’s share price has surged by 13%. Some reports attribute this increase to companies like Aditya Birla Finance using Paytm’s loan guarantee. However, Paytm has denied these claims, stating that their personal loan distribution business is running smoothly without any hindrances.
On May 9, Paytm’s share price opened at ₹340, marking a 52-week low. It later reached a high of ₹349.95, surpassing its previous low of ₹310 during trading. The company’s 52-week high is ₹998.30 per share.
As of Monday, May 13, the share was trading at ₹347 with a 0.66% decrease.
Expert Opinion
🤔🤔🤔 Analyst Pravesh Gaur has noted that Paytm shares have been in the news recently. The company has seen a slight decrease in share prices over the past few days, trading in the range of ₹305-370. If the share manages to break the ₹370 barrier, it could potentially reach ₹400.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.