Terms of the offer
Shares of One97 Communications Ltd., parent company of online payments aggregator Paytm, opened at a 52-week high on Wednesday, August 13, after the Reserve Bank of India (RBI) granted its unit Paytm Payments Services Ltd., in-principle authorisation, to operate as an Online Payment Aggregator ... Paytm shares surge 7% from day's low as firm swings into black in Q1; should you buy, sell or hold? Jefferies upgraded Paytm shares to 'Buy', and raised its target price for the stock to Rs 1,250 ... Shares of One97 Communications, the parent company of Paytm, jumped nearly 4% to Rs 1,310.05 apiece on Thursday; Should you buy? Paytm's parent company, One97 Communications Ltd, saw its shares surge by 7% on Monday, fuelled by a favourable report from Dolat Capital. The brokerage maintained a "buy" rating on the stock and raised its target price by 30% to Rs 920 per share, significantly above the current market price. At 2:56 pm, shares of Paytm were trading over 7.02% higher at Rs 736.70 on the Bombay Stock Exchange (BSE).
