Paytm shares hit fresh 52-week high
Shares of Paytm's parent One97 Communications hit a fresh 52-week high of ₹1,370.95 during intraday trading on Monday. The stock surged 2.46% to ₹1,353.10 after the company's successful acquisition of the remaining stakes in three key subsidiaries. Paytm acquired 9.99% equity shares of Foster Payment Networks, 67.55% of Paytm Insuretech, and 51.22% of Paytm Financial Services.