Paytm shares rise 2.60% after ₹2,038 crore block deal

Shares of Paytm parent One 97 Communications rose in early trade on Tuesday after a block deal worth about ₹2,038 crore. Around 1.49 crore shares, or 2.32% of the company's equity, changed hands at ₹1,368 apiece, a discount to the previous close. The stock gained 2.60% after ending nearly 5% higher in the previous session.