New Delhi, Aug. 20 -- Paytm has many firsts to its name. It was the first fintech company to list on Indian bourses, raising Rs.18,000 crore through an initial public offering, and also the first fintech to face the regulator's wrath to near-ruin.

Paytm had corrected by almost 80% in less than 3 years since its public market listing in November 2021. But the stock is taking a turn for the better. The company has managed to reclaim its licences from regulators, and turned profitable in the latest quarter.

The stock has broken out above the critical support level of Rs.1,000 per share. But is the recovery here to stay, or is it yet another sucker's rally?







Paytm, which started as a mobile connectivity top-up platform in 2010, began ...