π¨ Stocks to Watch: Paytm in Focus After Fresh 52-Week High! π¨
One 97 Communications (
PAYTM
) is likely to remain in the spotlight after reports suggest that SAIF Partners may sell a 2.3% stake through block deals. The proposed transaction is estimated at βΉ2,002 crore, with a floor price of βΉ1,339.65 per share, according to CNBC-TV18 sources.
Despite the potential stake sale, Paytm has delivered a strong performance, with the stock rallying over 30% in the past one year. Adding to the momentum, the stock touched a fresh 52-week high in the previous session, reflecting continued investor interest and improving market sentiment.
π Keep Paytm on your radar today.
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