Paytm shares surge 10% in four trading sessions, hit fresh 52-week high; here is why

Shares of One97 Communications, the parent of payment solutions provider Paytm, rose as much as 3.35% in intraday deals to hit fresh 52-week high of ₹1,364.80 on the National Stock Exchange on Monday, December 1. On the BSE, the stock touched its new 52-week high of ₹1,364.40, rising as much as 3.27% in intraday deals.

Paytm shares rose for a fourth straight session on Monday and in the last four days the stock has jumped as much as 10%, data from the NSE showed.

The company on Friday, November 28, informed exchanges that it completed the acquisition of the remaining stakes in its subsidiaries from other shareholders for the ongoing simplification of the group structure.

As part of the simplification exercise One97 Communications acquired 9.99% equity shares of Foster Payment Networks Private Limited, 67.55% equity shares of Paytm Insuretech Private Limited and 51.22% equity shares of Paytm Financial Services Limited (PFSL).

"Upon completion of the above acquisitions, each of the abovementioned entities have become wholly owned subsidiaries (WOS) of the company w.e.f. November 28, 2025," One97 Communications said.

"Further consequent to the acquisition of PFSL, certain entities in which PFSL has made investments namely Admirable Software Limited, Mobiquest Mobile Technologies Private Limited, Urja Money Private Limited and Fincollect Services Private Limited have also become stepdown WOS of the Company (through direct and indirect shareholdings) w.e.f. November 28, 2025," One97 Communications added.

Last week, Paytm informed exchanges that its arm has received the final RBI approval to operate as a payment aggregator.

The filing read, "The Reserve Bank of India ('RBI') on November 26, 2025, has granted a Certificate of Authorisation ('COA') to Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of One 97 Communications Limited ('the Company'), to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007."

It must be noted that this is the final approval from the RBI.

In August 2025, Paytm Payments Services received the 'in-principle' approval from the RBI to operate as an online payment aggregator.

The move also removes the restriction on Paytm Payments Services Limited from onboarding new merchants, which was imposed on the company on November 25, 2022.

Paytm Q2 earnings

Last month Paytm reported that its operating revenue rose 24% year-on-year (YoY) to ₹2,061 crore, driven by continued growth in its payments and financial services businesses in the second quarter of current financial year.

The company reported a net profit of ₹211 crore, before a one-time charge for full impairment of a ₹190 crore loan to our JV, First Games Technology Pvt Ltd.

Reported PAT stood at ₹21 crore. The result marks a significant improvement from the previous quarter, underscoring Paytm’s progress towards sustainable profitability.

EBITDA improved to ₹142 crore, with a 7% margin, on account of revenue growth and operating leverage.

Contribution profit grew 35% YoY to ₹1,207 crore, with a healthy 59% margin, driven by higher net payment margins and an increased share of financial services revenue.

Paytm’s payment services revenue rose 25% YoY to ₹1,223 crore, while net payment revenue increased 28% to ₹594 crore.

As of 12:40 pm, Paytm shares traded 2.45% higher at ₹1,352, outperforming the NIFTY Midcap 50 index which was down 0.08%.