Paytm’s shares rise sharply in early trading after Bernstein raises its price target above the company’s IPO price. NDTV reports the stock trades about 4% to 5% higher, moving at Rs 1,501 around 10:02 a.m. IST, after earlier gains.
Business Line says the momentum is stronger at times, with the stock jumping about 9% to a 52-week high. It notes Paytm reaches ₹1,569 on the NSE and trades around ₹1,557 by 12:37 p.m., compared with a previous close of ₹1,441.60.
The outlets differ mainly in the magnitude and timing of the moves they capture. NDTV highlights gains relative to market performance, noting the Nifty index slips slightly, while Business Line emphasizes the stock hitting a new 52-week high. Both attribute the rally to Bernstein’s updated target.
