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Paytm shares hit 6-month-high, Zomato shares rise 3% after deal
Shares of Paytm rose over 5.4% on Thursday to hit an intraday high of ₹604.45, their highest level in over six months. This comes after Zomato on Wednesday said it will acquire the movie and events ticketing businesses of Paytm for ₹2,048 crore. Shares of Zomato rose around 2.7% to hit an intraday high of ₹267 on Thursday.
read more at NDTV Profit