Paytm faces a 20% drop in its stock value due to negative reviews from brokerage firms, following the company’s choice to reduce its offering of small-sized loans.
Today, the stock price of One97 Communications, the parent company of Paytm, took a significant hit, dropping by 20% to reach ₹650 per share and triggering a lower circuit limit. This sudden decline followed Paytm’s announcement of scaling back on providing small-sized loans. Paytm Hit 20% Lower Circuit Today, the stocks of One97 Communications, the … Read more