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Paytm stock plunges 13% in nine sessions; Street eyes Q4 earnings

In the last six months, Paytm shares have plunged 62 percent. After the latest decline, Paytm s market capitalisation has fallen to Rs 21,223 crore.

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Paytm shares fall 5% after COO Bhavesh Gupta resigns

On Monday, shares of One 97 Communications, the parent company of Paytm, experienced a 5% decline, reaching a day s low of Rs 351.70. This drop followed the company s disclosure to the exchanges regarding the resignation of Bhavesh Gupta, who served as the Chief Operating Officer (COO) and President of Paytm.

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Paytm slumps 4% as president & COO Bhavesh Gupta resigns; Q4 results eyed

Gupta tendered his resignation from the company citing personal reasons, Paytm said in a disclosure to stock exchanges on May 4.

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Paytm shares at Rs 400! Should you catch the falling knife? Here s what experts say

In the last six months, shares of Paytm has declined about 60 per cent, while it is still down 81 per cent from its IPO price of Rs 2,150 apiece.

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Should you buy Paytm shares below Rs 400? Check latest support and resistance levels

Foreign portfolio investors increased their shareholding in the Paytm operator to 20.64 per cent, while mutual funds also raised their stake to 6.15 per cent in the March 2024 quarter..

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