Paytm's shares reclaim listing price mark after 5 years

Shares of Paytm-parent One 97 Communications have crossed their IPO listing-day high for the first time since the company’s stock market debut in November 2021. The rise came after its subsidiary received in-principle approval from the Reserve Bank of India to offer prepaid payment instruments, including digital wallets. The shares even hit a 52-week high of ₹1,958.80 during trading.