South Asia and Beyond

Paytm Shares In Free Fall

Paytm’s market value crashed by ₹56,233 crore three days after its disastrous BSE debut. Paytm shares have crashed 40 per cent from its IPO price to hit  ₹1,283 in just two trading sessions. Analysts blamed high valuations for the steep fall in the stock price. Paytm raised ₹18,300 crore from its IPO.

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