Paytm Share Price: With heavy buying pressure pushing the stock above the crucial barrier of Rs 800, PAYTM share price ended on a high in Thursday’s trading session. Despite significant volatility in the market over the past three months, bargain purchasing has been observed at lower levels.
PAYTM closed at Rs 809 after reaching an intraday high of Rs 814. The Paytm share price has increased by 13 percent in the past month. Let’s learn more about Paytm share prices in this article.
About Paytm
In India, Paytm is the catalyst for the digital revolution. The company gradually became the top payments app in India. Paytm enables over 20 million businesses and merchants to accept digital payments now. The reason behind this is that over 300 million Indians pay at stores using Paytm.
Additionally, the Paytm app is used to book movie and travel tickets, pay bills, recharge, and send money to family and friends. This is only one of the milestones reached in the company’s objective to bring 500 million underserved and unserved Indians into the mainstream economy, with innovations in financial services and products in the works.
Recent News Regarding the Paytm Share Price
In an email sent to its merchants, Paytm reportedly stated that PPSL (Paytm Payments Services Limited) would facilitate its directly routed transactions to PPSL itself and not via Juspay, and this would come into effect right from 1st April 2025 onwards.
The fintech behemoth has urged companies to go ahead of schedule in order to prevent any disruptions in payment services. The Paytm share price is in red from the past few weeks, and it would be interesting to see the movement in the share price once this decision of Paytm comes into action.
Uptick in Bullishness
Since its IPO, Paytm has changed significantly, putting a greater emphasis on operational effectiveness and profitability. Its high brand memory, product ecosystem, and stable integration of financial services provide it structural stability, even though profitability is still elusive.
There is a bullish undertone in recent daily chart formations. Bullish marubozu candles, which indicate strong intraday conviction, have been formed by the stock’s consistent closing close to daily highs. These rallies have seen a surge in accompanying volume, indicating real purchasing activity rather than merely speculative outbursts.
Conclusion
Paytm is among the top wealth creators of the financial year 2025. Paytm share price is witnessing a lot of movement at present due to continuous escalations and indicators. Still, there are indicators suggesting that the present rising trend may continue, particularly if the stock breaks over intermediate resistance.
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