Paytm shares up 38% in last six months
The stock has gained 38 per cent in the last six months even though it is still far from its 52-week high of ₹844.40, hit on August 8, 2022
The stock has gained 38 per cent in the last six months even though it is still far from its 52-week high of ₹844.40, hit on August 8, 2022
Mittal wants to merge Airtel Payments Bank with Paytm Payments Bank through a stock deal and also buy Paytm shares from other shareholders
Chinese multinational in January had sold around 3.1 per cent of 6.26 per cent equity in Paytm
The value of loans disbursed through Paytm reached to ₹3,938 crore last month from ₹928 crore in January 2022
Sharma said the company was on track to becoming profitable by September 2023
Technical snags were reported from Delhi, Mumbai, Ahmedabad, Chennai, Bengaluru and several other cities
Shares of Paytm tumbled more than 12% to Rs.672 apiece on the BSE in Monday's early deals, hitting an all-time low.