Paytm market cap nears $2.5 billion as shares continue to tumble
by ETtech.com
ETtech.com— Market capitalisation of One 97 Communications, the parent company of fintech platform Paytm, neared $2.5 billion on Tuesday as its shares continued to slide.As of 9.54 am, the Noida-headquartered company's stock was trading 3.5% down at Rs 339.30 on the BSE.The share hit a day's low of Rs 337 apiece.Paytm’s share price hit the lower circuit on Monday after declining 5%. This followed the news of the company's chief operating officer and president Bhavesh Gupta resigning from his position - as...
ETtech.com—Paytm market cap nears $2.5 billion; state-run banks turn to GenAI. Paytm’s market capitalisation is down to nearly $2.5 billion after a ninth straight session of declines. This and more in today's ETtech Top 5.Also in the letter:■ Happiest Minds Tech Q4 profit up 25%■ Brazilian payment co Ebanx’s India entry■ Akaimai to deploy edge computing units Paytm nears $2.5 billion in market cap as shares tumble 109923814Shares of Paytm parent One 97 Communication continued to fall for the ninth straight session on the BSE, with the fintech’s market capitalisation...
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