Mumbai, Dec. 1 -- The stock hit a fresh 52-week high of Rs 1,370.95 intraday and has gained 9.96% over the four consecutive sessions.
The rally came after One97 Communications said it completed the acquisition of the remaining stakes in three of its group companies as part of its ongoing effort to simplify its corporate structure. In a filing dated 28 November 2025, the company said it has purchased the final 9.99% stake in Foster Payment Networks, 67.55% in Paytm Insuretech, and 51.22% in Paytm Financial Services (PFSL). All three entities have now become wholly owned subsidiaries with effect from 28 November.
Following the PFSL acquisition, several companies in which PFSL holds investments-Admirable Software, Mobiquest Mobile Technologi...