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Paytm shares extend losses, fall 10% in three sessions

Paytm Share Price: Vijay Shekhar Sharma s resignation as the part-time non-executive chairman and board member at Paytm Payments Bank did not cut much ice with the investors who preferred to sell shares in hordes. Around 10 am, nearly 42.78 lakh shares were trading on the NSE. ....

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Paytm Stock: SoftBank Sells 2% Stake; Paytm Shares Down By 4 %

It held a 17.5% stake in Paytm in September 2022 later it trimmed its ownership through multiple open market deals. After this sale, the company s stake in Paytm’s parent One97 Communications went down to 2.83 percent from 5.01 per cent earlier. ....

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Paytm shares down 5% as VSS resignation fails to soothe nerves

Meanwhile, following the development in the firm, global brokerage firm UBS said in a note, "Paytm will likely experience near-term financial impact on its business along with some permanent loss of business in FY25E." ....

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Paytm shares look for direction as investors figure out implications of Vijay Shekhar Sharma's resignation

"Finally, the ego has been let loose for a bigger goal. Vijay has taken the right move from a broader perspective. The new management will give a better image of the payments bank," said market veteran Sanjiv Bhasin. After two days of 5% upper circuits, the stock was trading just 1% higher in early trade. ....

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