Paytm's shares plunged 20% for a second consecutive day
Paytm's shares plunged 20% for a second consecutive day
Paytm's shares has erased over $2 billion in the company's market value
Paytm's shares has erased over $2 billion in the company's market value
The stock hit its 20% lower circuit after the RBI's action on Paytm
The stock hit its 20% lower circuit after the RBI's action on Paytm
The company is down about 77% from its initial public offering in 2021
The company is down about 77% from its initial public offering in 2021
The RBI's restrictions were imposed after a system audit report
The RBI's restrictions were imposed after a system audit report
Paytm's shares are now trading at just 487 rupees
Paytm's shares are now trading at just 487 rupees
The company said that operations should be back to 'fully normal'
The company said that operations should be back to 'fully normal'
The future movement of the stock will depend on the company's ability
The future movement of the stock will depend on the company's ability
Paytm founder Vijay Shekhar Sharma assured that the app would continue to operate beyond February 29
Paytm founder Vijay Shekhar Sharma assured that the app would continue to operate beyond February 29
Paytm founder Vijay Shekhar Sharma assured that the app would continue to operate beyond February 29
Paytm founder Vijay Shekhar Sharma assured that the app would continue to operate beyond February 29