Paytm shares fall more than 15% in 2 days - watsupptoday.com
Paytm shares fall more than 15% in 2 days
Posted 10 Feb 2024 03:26 PM

Agencies

Portions of One97 Correspondences Ltd, which possesses the Paytm brand, failed north of 15% in two days as financial backers again went to dump the stock. Broadening its earlier day's downfall, the stock failed 6.09 percent to settle at Rs 419.85 on the BSE. During the day, it plunged 8.67 percent to Rs 408.30. Portions of the organization dropped 6.15 percent to Rs 419.15 on the NSE.

In two days, the stock fell 15.48 percent, disintegrating Rs 4,870.96 crore from its market valuation on the BSE. Portions of One97 Correspondences Ltd fell 10% to hit lower circuit limit on Thursday, following a two-day rally in the stock flamed out.

One97 Correspondences stock cost had climbed 10% on Wednesday and bounced back more than 3% on Tuesday following three days of sharp fall. From February 1-5 (three days of exchanging), the organization's stock tumbled more than 42%, clearing out Rs 20,471.25 crore off of its market valuation, following the crackdown by the Hold Bank of India.

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