Paytm share price jumps 3% to 52-week high on stake sale in PayPay Corp
When One 97 Communications, the parent company of the fintech company Paytm, announced that it would sell its share of PayPay Corporation to SoftBank, its shares surged more than 3% to a new 52-week high of ₹1,007 on Monday, December 9. The board of One97 Communications Singapore Private Limited, Paytm’s wholly-owned subsidiary, approved the sale…