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Paytm Eyes Record Low in Mumbai as Investor Caution Prevails

(Bloomberg) -- Shares of Indian digital payments giant Paytm headed for the lowest close since their market debut last month, signaling continued investor doubts over the startup’s path to profitability. The stock dropped as much as 3.5% to 1,351 rupees in Mumbai, extending this week’s losses.
Abhay Agarwal Morgan Stanley Asia Jm Financial Institutional Securities Ltd Communications Ltd Goldman Sachs Blackrock Inc

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