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Paytm surges as Godrej Industries and other names jump in sharp Thursday stock moves
Business
Published on 7 May 2026
Paytm’s rise follows a quarterly profit surprise
Indian markets closed marginally lower as weakness hit FMCG, IT and PSU banking shares. Amid the softer broader tone, Paytm surged after reporting a quarterly profit. Godrej Industries, Hero MotoCorp, Tejas Networks and Vedanta also climbed, highlighting wide dispersion as investors reacted to company-specific results and momentum trading.
- Benchmarks ended slightly lower despite pockets of strength
- FMCG, IT and PSU banking stocks weighed on sentiment
- Paytm jumped after quarterly profit reported
- Godrej Industries, Hero MotoCorp, Tejas Networks and Vedanta gained
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times