Paytm share price today
Paytm’s stock opened the day at ₹487.05, and by the end of the day, it closed at ₹608.8. Throughout the day, the stock’s value fluctuated between the highest and lowest points, both being ₹487.05. This means the stock didn’t go lower or higher than this range on that day.
The company’s overall value in the stock market, known as market capitalization, was ₹30,931.59 crores. This is the total worth of all its shares combined.
Looking at its performance over the past year, the highest price Paytm’s stock reached was ₹998.3, and the lowest was ₹487.05. This gives investors an idea of the stock’s stability and potential for growth or decline.
On that specific day, the trading volume on the Bombay Stock Exchange (BSE) for Paytm’s stock was 615,676 shares. This represents how many shares were bought and sold during the day.
In summary, Paytm’s stock had a day where it started at ₹487.05, went as high as ₹608.8, and closed at the same value. The overall value of the company in the stock market was ₹30,931.59 crores, and it traded 615,676 shares on the BSE that day.
Summing Up
In simple terms, the stock of the company behind Paytm, called One97 Communications Limited, has faced a significant drop for the third day in a row. This means that the value of Paytm’s shares has reached an all-time low.
As of now, each Paytm share is being traded at Rs 438.50, having fallen by 10%. This continuous decline is a result of concerns in the market after the Reserve Bank of India took action against Paytm Payments Bank Limited, a company associated with Paytm.
So, in a nutshell, Paytm’s parent company’s stock has been on a downward trend, reaching its lowest point, mainly due to regulatory actions against one of its associated entities, Paytm Payments Bank Limited.
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