Paytm shares end over 1% higher

Shares of One97 Communications, Paytm’s parent firm, on Friday ended over 1 per cent higher, a day after falling sharply.

In morning trade, the stock had declined over 2 per cent after SoftBank divested 4.5 per cent stake in the firm for `1,631 crore through an open market transaction.

The stock dipped 2.23 per cent to `527.50 during the day on the BSE. But it recovered all the lost ground and ended at `546.30 apiece, higher by 1.25 per cent. On the NSE, it fell 2.38 per cent to `526.90 during the day. The stock ended at `546.40 per share, a gain of 1.22 per cent. Shares of One97 Communications tumbled nearly 11 per cent on Thursday.