Paytm Share Price: Paytm stock slips 9% to record low at 342.15
Paytm stock has slipped 65.5 per cent now from its 52-week high of Rs 998.3, which it shares had touched in October 2023.
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Paytm stock has slipped 65.5 per cent now from its 52-week high of Rs 998.3, which it shares had touched in October 2023.
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Paytm Share: Paytm stock came under pressure today after global brokerage firm Macquarie, joining the list of its peers, downgraded the stock's rating to 'Underperform'. Shares of One 97 Communications, parent company of payments aggregator Paytm, tanked over 9% on Tuesday.
After the central bank cracked down on Paytm Payments Bank, the question is how will Paytm be affected? What part of the business could be lost and what will remain? Where does it go from here? Does it offer value? Here’s a breakdown of what happened and how it will affect the company
Extending its previous day's decline, the stock dived 8.67 per cent to Rs 408.30 on the BSE. Shares of the company tumbled 8.20 per cent to Rs 410 on the NSE. Shares of One97 Communications Ltd fell 10 per cent to hit lower circuit limit on Thursday, after a two-day rally in the stock fizzled out.