As Paytm stock hits new low, Citi sees 139% upside
Shares of Paytm fell 2.5% to ₹441 on Thursday, about 80% lower from its IPO issue price of ₹2,150.
Shares of Paytm fell 2.5% to ₹441 on Thursday, about 80% lower from its IPO issue price of ₹2,150.
The partnership aims to expand Paytm's loan distribution business, aided by Piramal Finance's wide network of over 300 branches across India.
Total value of loan disbursals jumped 779% year-on-year to ₹5,554 crore in the first quarter.