Paytm shares surged over 3% in morning trade on Tuesday, driven by growing optimism ahead of the company’s Q1 FY26 results scheduled to be released soon. The stock opened at ₹1,022 and climbed to an intraday high of ₹1,054, coming within touching distance of its 52-week high of ₹1,062.95. As of 9:50 AM, the shares were trading 2.63% higher at Rs 1,044.45.
Investors appear to be pricing in expectations of improved financial performance, possibly driven by growth in merchant payments, lending services, and operational efficiency. Paytm’s stock has delivered a strong comeback from its 52-week low of ₹437.25, gaining significant ground over the past few months.
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