Paytm's parent company One97 Communications' shares surged around 7% to ₹1,453 apiece on Tuesday, its third day of trading. During the first two days, the company's stock fell over 35% below its IPO price of ₹2,150, losing more than ₹50,000 crore in market value. Earlier, Paytm said it recorded a 418% year-on-year growth in value of loans disbursed in October.