Paytm Share Price Jumps 3% to 6-Week High, Up 25% in 15 Sessions – Can the Rally Continue?

📈 Stock Performance:

• Paytm (One 97 Communications) shares surged nearly 3% on April 2, 2025, hitting a 6-week high of ₹822.70
• The stock has gained 25% over the past 15 trading sessions, nearing its February high of ₹823

🤝 Strategic Partnership:

• Paytm partnered with Greater Hyderabad Municipal Corporation (GHMC) to simplify property tax collection
• Over 400 Paytm All-In-One EDC devices (card machines) deployed at multiple collection centers for easy payments via credit cards, debit cards, and Paytm QR codes
• GHMC integration: The card machines are integrated with the GHMC app to instantly verify dues and process payments

📊 Recent Developments:

• Paytm Money, the company’s subsidiary, received approval to act as a SEBI-registered research analyst, allowing it to offer investment insights, research reports, and data-driven analysis

Is this rally sustainable? Only time will tell! Stay tuned for more updates. 📈