Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say

Paytm share price jumps 5% after hitting upper circuits for 2 days in a row; can it rise more? Here’s what experts say

Paytm share price opened at ₹415.60 against its previous close of ₹405.85 and rose 4.93 per cent to hit its intraday high of ₹425.85. Around 12:15 pm, the stock traded nearly 3.45 per cent up at ₹419.85, indicating a potential continuation of its upward trend for the fourth consecutive session.

Paytm share price hit its 52-week low of ₹318.35 on February 16, 2024, after the RBI’s action against Paytm Payments Bank (PPBL). At the current market price of ₹420, the stock is up 32 per cent from its 52-week low.
Also Read: Paytm issues FAQs: What will work after March 15? Here’s what users must know

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Source: https://www.livemint.com/market/stock-market-news/paytm-share-price-jumps-5-after-hitting-upper-circuits-for-2-days-in-a-row-can-it-rise-more-heres-what-experts-say-11710907002893.html