Happy New Year 2023 What did you think and what did you do! Paytm shares broke more than 60% this year
Business News Desk – Investors have high expectations of IPO. Investors want a company to increase their capital by investing money in IPOs. Although there are many shares in the market, the IPO of which has been more than 1 year since, but their stock is still declining. It also drowned a lot of money in the stock market of investors investing in the business. Actually, we talk about the part of Paytm, which in the year 2022 has a lot of money from investors underwater. Paytm Paytm launched its bursary trading in November 2021 with a very high valuation. During that time, investors by Paytm said that the company’s share would extend above the price of the exchange trading in the coming time. However, this cannot happen and Paytm’s stock has seen a constant decline. Now the situation is of such a nature that there is heavy pressure on Paytm’s stock. The price of Paytm share, Paytm’s share, dropped drastically in the year 2022. Paytm’s stock has dropped by more than 60 percent this year. This year, Paytm’s high price of 52 week was on NSE Rs 1350, while Paytm’s low -week was low price Rs 438.35. On December 31, 2021, Paytm’s stock was priced at Rs 1334.55. While the great loss of money, Paytm ended the end of Rs 803.85, or 60.23 percent, at Rs 530,70. Let us know that the IPO edition price of PayTM share was Rs 2150 in November 2021, but it listed on Rs 1950. On November 18, 2021, the share began a major decline and the stock closed at Rs 7. Share this story