Shares of One97 Communications (Paytm) have been experiencing a persistent downward trend, with a decline of over 3 percent on Wednesday, following a more than 6 percent drop in the previous session. The stock has faced a considerable downturn of 31.5 percent in December alone.
Though Paytm's revenue from operations improved in the second quarter, analysts still remain concerned about the leading digital payment firm’s path to profitability.