Paytm Surges to Near Four-Year High as RBI Nod and Brokerage Upgrades Fuel Strong Momentum

Paytm hit a four-year high as RBI’s payment aggregator approval and strong brokerage upgrades boosted confidence, driving sharp gains and improving growth visibility.

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2 days ago

Paytm Surges to Near Four-Year High as RBI Nod and Brokerage Upgrades Fuel Strong Momentum

Paytm Surges to Near Four-Year High as RBI Nod and Brokerage Upgrades Fuel Strong Momentum
Paytm shares climbed more than 3% on December 1 to hit a 52 week high of ₹1,364.80, marking their strongest level in nearly four years. The stock has rallied an impressive 110% in under nine months from its March low of ₹651.50, supported by improving regulatory clarity and bullish analyst calls. Investor sentiment strengthened sharply after Paytm Payments Services received the RBI’s final Certificate of Authorization, allowing the company to resume merchant onboarding after a freeze since late 2022.