Of the 61 companies that hit the exchanges till October of the current fiscal, 34 entities were small and medium enterprises (SMEs) as per Finance Minister Nirmala Sitharaman’s written reply in the Lok Sabha.
The shares have been in a downward spiral in the last five trading sessions. However, the stock rose 2 per cent to hit an intraday high of Rs 1,673.45 but failed to hold the gains on Thursday.
Paytm-owner One97 Communications posted its maiden result post listing last week, reporting an expansion in revenue on the back of growth in payments and financial services. What does this mean for investors?