Paytm Share Price | Shares of Paytm Company were trading with a gain of 2 percent in yesterday’s trading session. And at the end of the day Paytm stock closed at Rs 898.35. The stock is still seeing slight selling pressure today. Recently, Paytm company has announced its business updates for the month of August.
One97 Communications Ltd is the parent company of Paytm Company. In the month of July-August, the company reported a 20 percent increase in transaction users compared to the previous year. The company had 79 million users in July-August last year. Today, Thursday, September 7, 2023, Paytm Company shares are trading at Rs 892.30, down 0.72 percent.
Shares of Paytm Company have rallied 100 percent from their 52-week low price level. In the last six months, the share of Paytm Company has seen a tremendous boom. The stock of this company has outperformed the Sensex index. In the last six months, the Sensex index has seen a gain of 9 percent while shares of Paytm Company have gained 44 percent.
Shares of Paytm Company were trading at their 52-week high price level of Rs.939 on August 25, 2023. Last year on November 24, 2022, shares of Paytm Company were trading at their 52-week low price of Rs 439.60.
Currently, Paytm Company shares have gained 100 percent from their 52-week low price level. According to experts, the shares of this company may increase further in the next year. Experts at brokerage firm Motilal Oswal Financial Services Firm have announced a price target of Rs 1000 lakh on Paytm stock. That means this stock can increase by 13 percent from the current price level. According to the brokerage firm, expectations of strong growth in gross merchandise value and distribution could further boost Paytm Company’s business.
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