20 likes | 30 Vues
In Tuesdayu2019s intra-day trade, PayTmu2019s shares hit a new low of Rs 483.30 on the BSE, 77% below the companyu2019s IPO price of Rs 2150.
E N D
#PayTm #stock #stockmarket #price #NIFTY #BSE #SENSEX #StocksToBuy #krishafinance The new talk of the town "PayTm" hitting at its lowest In Tuesday's intra-day trade, PayTm's shares hit a new low of Rs 483.30 on the BSE, 77% below the company's IPO price of Rs 2150. Stocks of the Fintech Company have plunged 26% over the past two weeks. Compared to the benchmark index, which gained 4.8% over the last year, PayTm's stock price halved or plunged 64%. One of PayTm's major investors, Softbank, sold 4.5% of its stake in the company worth about $200 Mn last week after the lock-in period for Pre-IPO shareholders expired. According to the experts, the PayTm view is negative and has given a sell call on the stock with a target range of Rs 450-460. For more updates, visit us at www.krisha.finance