Paytm shares rise by over 5%, while Zomato's stock gains 2% following a ticketing business deal.

Paytm shares rise by over 5%, while Zomato’s stock gains 2% following a ticketing business deal.

Paytm share price increased by nearly 5% after announcing a sale of its entertainment and ticketing division to meal delivery service Zomato for ₹2,048 crore. Paytm shares increased 5.47% to ₹604.45, while Zomato shares increased 2.71% to ₹267.00 on the BSE. One 97 Communications, the parent company of finance giant Paytm, has agreed to sell…

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Paytm shares are under pressure, with block trades affecting up to

Paytm shares are under pressure, with block trades affecting up to 1.1% of equity

Paytm shares faced pressure as three block trades, totaling up to 1.1 percent of equity or approximately 72.5 lakh shares, were reportedly transacted, according to a Bloomberg report. The identities of buyers or sellers were not immediately disclosed. One 97 Communications’ shares experienced a decline with significantly higher trading volumes, exceeding 3.2 times the three-month…

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