Paytm shares surge 5% after Q4 show. Should you buy or sell now?

Shares of One 97 Communications which operates digital payments and financial services platform Paytm shot up nearly 5% in Monday’s opening trade after the company significantly reduced its losses for the quarter ended March.

The company’s consolidated net loss narrowed to Rs 168 crore from Rs 761 crore a year ago, and Rs 392 crore a quarter ago.