Paytm Shares Jump to Six-Month High on Increased Monthly Users, More Payment Devices, Surge in Revenue

Paytm Shares Jump to Six-Month High on Increased Monthly Users, More Payment Devices, Surge in Revenue

ByNews Polite

Shares of Indian digital payments firm Paytm jumped more than 6 percent on Monday to their highest levels in nearly six months, after the company’s parent firm One 97 Communications Ltd posted an 89 percent surge in its quarterly revenue. Higher number of monthly users, additional payment devices, and more…