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RBI 'ban' on Paytm Payments Bank: Stock trades nearly 80% lower than the IPO price

Paytm s stock is facing significant challenges as it has witnessed a substantial downturn and hit the 20% lower circuit limit for two consecutive trading sessions. The decline came after the Reserve Bank of India barred Paytm Payments Bank from conducting certain banking operations. ....

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Paytm stock rises 3% as JP Morgan sees 62% upside in a year

Shares of Paytm (listed as One97 Communications) rose over 3 per cent today as US financial services firm JP Morgan reinstated overweight rating despite a 71 per cent fall in the stock from its IPO price. The brokerage has cut target price of Paytm to Rs 1,000 from Rs 1,200 earlier. However, the fresh target price is still 62 per cent higher than the market price. ....

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Paytm IPO investors lose $900 million in two days as India's biggest listing flops

Owner of mobile-payments company went public last week, selling equivalent of $2.46 billion worth of shares ....

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