Paytm Shares Hit Highest Price Since 2021 Listing
Listen to the story
Paytm is a company in India. It helps people pay for things with their phones.
Paytm sells shares. A share is a small part of a company that people can buy.
This week, the price of one Paytm share went up. It crossed Rs 1,900 for the first time since 2021.
Paytm started selling shares in November 2021. This is called a listing.
The share price went up by 7% in one day. This is called a multi-year high. It means the price is the highest it has been in many years.
In 2024, the Paytm share price has gone up by 49%. This means it is almost 50% higher than at the start of the year.
People think the price went up because of UPI. UPI is a way to pay money from your phone in India.
Some people think the government may let companies charge a small fee for UPI payments. A fee is money you pay for a service.
If this happens, Paytm could make more money. This made investors happy.
An investor is a person who buys shares because they hope to make money.
Many investors bought Paytm shares this week. This made the price go up fast.
Vocabulary7 words
- share
- a small part of a company that people can buy
- listing
- when a company starts selling shares to the public
- multi-year high
- the highest price in several years
- UPI
- a way to pay money using a phone in India
- fee
- money you pay for using a service
- investor
- a person who buys shares to make money
- Paytm
- an Indian company that lets people pay with their phones
📚 Ready to use these words in a real conversation?
Practice live with a real tutor on Preply.
Quiz
Answer key
1. It crossed Rs 1,900 for the first time since 2021 2. November 2021 3. Because of hopes about new UPI fees
✅ Nice work on the quiz!
Keep the momentum going — book a live English lesson with a Preply tutor.
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
_____ is a company in India. It helps people pay for things with their phones.
Paytm sells _____. A share is a small part of a company that people can buy.
This week, the price of one Paytm share went up. It crossed Rs _____ for the first time since 2021.
Paytm started selling shares in _____ 2021. This is called a listing.
The share price went up by _____% in one day.
In 2024, the Paytm share price has gone up by _____%.
People think the price went up because of _____. UPI is a way to pay money from your phone in India.
Some people think the government may let companies charge a small _____ for UPI payments.
Many _____ bought Paytm shares this week. This made the price go up fast.
🎓 Enjoyed this story?
Turn today's reading into real speaking practice with a live Preply tutor.
