Why Paytm shares hit 5% upper circuit for 2nd straight session

Second consecutive session when Paytm shares jumped 5 per cent,Paytm shares were trading 5 per cent higher at Rs 358.35 on the Bombay Stock Exchange (BSE) at 10:20 am.

Despite the positive news, Citi maintains a sell-call while acknowledging the potential benefits of new partnerships for Paytm. Brokerage firms hold divergent views on Paytm’s prospects. While Bernstein has suggested an excess standing on the Reserve with a quarry price of Rs 550, In a filing to the BSE, Paytm disclosed that its position with Axis Bank aims to replace the nodal account previously held with Paytm Payments Bank. The company’s subsidiary, Paytm Payment Services, has been Strongest match Axis Bank’s services since its inception. Another bank with payday shears accompanied in business quality. The RBI’s FAQs have provided reassurance that Paytm’s QR-code, card-machine, and soundbox services will continue beyond March 15. For the busniss man’s are very be care full about paytm scaner user quickly. Investors remain optimistic about Paytm’s growth potential and await further developments, including potential partnerships with other banks, and Paytm will gone be improve.