New-age tech stocks, April 15 -- Shares of One 97 Communications, the parent company of Paytm, have been maintaining a steady upward trend recently, resulting in handsome returns for shareholders. Over the last four weeks, the shares have surged from Rs.651 to Rs.840 apiece, delivering a 29% return.

Notably, the stock has closed in the green for four consecutive weeks. It bounced back in March with a gain of 9.60% after struggling during the first two months of 2025, and the upward momentum has continued into April, with the stock up 7% so far this month. Despite the recovery, the stock remains down 17% for the 2025 year-to-date. The stock finished CY24 with a stellar gain of 60%.

Domestic mutual fund houses have reaffirmed their confid...