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Paytm's stock saw a significant boost of over 4.5% after receiving SEBI's approval for its subsidiary, Paytm Money, to offer research services. The approval has instilled confidence in investors, pushing the stock of One97 Communications (Paytm’s parent company) to ₹721.50 by mid-morning on March 18, 2025. This move aligns with Paytm Money’s strategy to enhance its position within the financial services sector, potentially opening new revenue streams and supporting informed investment decisions. Despite past fluctuations, this development is a positive sign for Paytm's future in the stock market.
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