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Shares of Paytm's parent company One97 Communications continued to rally for the second consecutive day on Wednesday and further jumped over 17 per cent.
Paytm is making a comeback in the stock market as it crossed the ₹1,700 mark on Wednesday morning trade.
The stock zoomed 17.27 per cent to close at ₹1,753.15 on the BSE. During the day, the stock jumped 19.73 per cent to ₹1,790.
On the NSE, it gained 17.28 per cent to close at ₹1,753.
With the rally in the stock price, the company's market valuation also went past ₹1 lakh crore mark on the BSE. The company commanded a market valuation of ₹1,13,652.10 crore.
One97 Communications stock had surged nearly 10 per cent on Tuesday also.
Shares of One97 Communications Ltd on Thursday made a weak market debut and tumbled over 27 per cent from the issue price of ₹2,150.
It declined for the second day in a row on Monday, tumbling 13 per cent.
Equity markets were closed on Friday on account of 'Guru Nanak Jayanti'.
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