Ground Report | New Delhi: Nyka PayTM shares; Shares of listed start-ups and new-era tech companies came under huge selling pressure due to higher valuations and a negative outcome, which rattled sentiment. Most of them, including Zomato, Nykaa, and PolicyBazaar, are trading well below their listing price, and much of the dent has occurred in … Read more
Why Paytm shares falling: Shares of Paytm (One97 Communications) are currently trading at a level of Rs 1169.20, down more than 5 percent on the Bombay Stock Exchange. The new target price (Rs 900) given by Macquarie for Paytm stock is 58 per cent below its issue price of Rs 2,150. At the same time, … Read more
Ground Report | New Delhi: Paytm IPO Investors; One97-owned Paytm IPO (initial public offering) opened for subscription on Monday and was subscribed nearly twice the offer size when it closed on Wednesday. According to stock exchange data, Paytm, which had already raised $1.1 billion from anchor investors, received $2.64 billion worth of bids for the remaining shares on … Read more
