The holding company of Paytm, One 97 Communication’s shares goes up after the earnings of December. The stock of the company went up by 7.4% yesterday, marking it’s biggest hike.
Zomato founder, Deepinder Goyal congratulated Vijay Shekhar Sharma ( CEO of Paytm) on this news. The hike was doubtful after the company’s IPO was declared in November 2021. But coming back in the market with force, Paytm reported 41.6% revenue last Friday and its stock were upto 5.5% at ₹ 589.30 on the NSE (National Stock Exchange).
The Zomato founder, while greeting Paytm said that he was busy working on Zomato’s own profitability.
Congratulations, @vijayshekhar and @Paytm on becoming profitable.
Sorry, a bit late to the party – was so busy working on our own profitability 😉
— Deepinder Goyal (@deepigoyal) February 7, 2023