Paytm Share Price: Paytm shares recorded a rise of about 6 percent on Monday. The boom has come due to an acquisition made by the company. Paytm Cloud Technology, a subsidiary of Paytm, has bought a stake in a US company, which has increased the trust of investors.
Board approves funding of Rs 8.70 crore
One 97 Communications have informed that its board has approved a funding of $ 1 million (about 8.70 crores) for Paytm Cloud Technology. This fund will be spent to purchase 25 percent stake in Seven Technology LLC. Paytm has reported that this acquisition will be completed within 45 days.
Positive returns received despite disappointment in 2025
However, the prices of Paytm shares have declined by more than 21 percent this year. Despite this, the company has given a return of 1.77 percent to the position investors in the last three months, while the index has declined by 4.69 percent during this period.
Playm’s shares performance
In the last one year, the price of Paytm shares has increased by more than 47 percent, while in the previous year it has registered a 59 percent increase. The company’s 52 -week highest level is Rs 1063 and the 52 -week minimum is Rs 310. Currently the company’s market cap is more than Rs 49,000 crore.
