NSE:ONE97 28 November 2025 - 23 January 2026

Shares of One 97 Communications, parent of Paytm, traded near ₹1,376 on December 2, 2025, close to multi-year highs after the Reserve Bank of India granted its subsidiary a Payment Aggregator licence. The stock is up about 34% year-to-date and over 50% in the past year. Restrictions on onboarding new merchants have been lifted. Market cap stands at roughly ₹88,000 crore.

Paytm shares closed at ₹1,325.70 on 28 November 2025, up 2.5%, after its payment aggregator arm received final RBI approval. The stock has gained 6.8% in four sessions and is near its 52-week high, more than double its March low. Volumes topped 2.7 million shares. The RBI licence lifts a freeze on new merchant onboarding imposed since 2022.