Paytm Stock Surges 7% with Narrowing Loss and Unexpected Q3 Operating Profit.
The shares of One 97 Communications Ltd, also known as Paytm, saw a rise of over 7% in Monday’s trading on the BSE, with each share being worth ₹563.
Paytm e-payment app
reported a decrease in net loss for the quarter ending December, from ₹779 crores the previous year to ₹392 crores.
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At the same time, the company saw a 42% increase in revenue from operations, reaching ₹2,062 crores.
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