, which operates , surged 2.46 per cent to ₹1,353.10 on Monday, touching a fresh 52-week high of ₹1,364.80 during intraday trading. The stock has gained significant momentum from its March low of ₹651.50, more than doubling in value over the past nine months.
The rally came after the company informed stock exchanges on November 28 that it had completed the acquisition of remaining stakes in three key subsidiaries as part of its ongoing group structure simplification. Paytm acquired 9.99 per cent equity shares of Foster Payment Networks Private Limited, 67.55 per cent of Paytm Insuretech Private Limited, and 51.22 per cent of Paytm Financial Services Limited (PFSL).
All three entities have now become wholly-owned subsidiaries of the company. Additionally, four stepdown subsidiaries—Admirable Software Limited, Mobiquest Mobile Technologies Private Limited, Urja Money Private Limited, and Fincollect Services Private Limited—have also become wholly-owned through direct and indirect shareholdings via PFSL.
The stock saw robust trading activity with 35.22 lakh shares changing hands, translating to a traded value of ₹475.96 crore. The delivery-to-traded quantity stood at 39.58 per cent, indicating moderate investor conviction. With a market capitalization of ₹86,505.54 crore, Paytm is a constituent of the Nifty Midcap 50 index and continues its recovery trajectory from regulatory challenges faced earlier this year.