By CNBCTV18.com Nov 22, 2021 10:48:39 AM IST (Updated)
Paytm parent One97 Communications' shares continued to tumble on Monday following a weak listing last week. The Paytm stock fell as much as 10 percent before paring those losses in early deals.
Paytm's parent company One97 Communications' shares continued to tumble on Monday following a weak listing last week. The Paytm stock fell as much as 10 percent before paring those losses in early deals.
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At 10:15 am, Paytm shares traded 9.68 percent lower at Rs 1,409.65 on the BSE, having fallen as much as 10.4 percent earlier in the day.
On Thursday, Paytm shares made a weak debut in the secondary market, with One97 stock ending 27 percent lower for the day compared to the issue price. The Paytm IPO, though oversubscribed, was booked 1.9 times. Paytm became one of the worst Dalal Street debutants of recent times.