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Paytm shares fell 30% in two weeks; more downside likely?

Shares of Paytm (listed as One97 Communications) have slipped 30% in the last two weeks. On the other hand, the stock, which hit a 52 week high of Rs 998.30 on October 20 , 2023 ended at Rs 605.85 on December 15, 2023, falling 39.31% in the last two months. Market cap of Paytm fell to Rs 38,460 crore on BSE on Friday. Total 4.81 lakh shares of the firm changed hands amounting to a turnover of Rs 29.12 crore. The stock fell to a 52-week low of Rs 472 on December 23, 2022.  
Gaurav Bissa Incred Equities Business Today Shares Of Paytm One97 Communications Aytm Stock Hits 52 Week Low

Paytm shares climb 7% despite rise in Q1 loss, here's why

Shares of Paytm (listed as One97 Communications) gained nearly 7 per cent on Monday after the Vijay Shekhar Sharma-led firm reported a 88 per cent rise in revenue for the quarter ended June 2022. Sentiment turned positive toward the stock after the firm said it remained confident of achieving break-even by September '23 quarter and was also bullish on customer demand on usage of platform and monetisation.
Financial Services Revenue Communications Ltd Paytm Vijay Shekhar Sharma Led Net Payments Margin Ecommerce Revenue Shares Of Paytm

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