![Paytm share nosedives 10% on Softbank stake sale buzz](https://images.assettype.com/fortuneindia%2F2022-03%2F89322182-a2b8-4aee-a029-f3b9c0b195ae%2FPaytm_04248_copy.jpg?w=300&q=95)
Paytm share nosedives 10% on Softbank stake sale buzz
SoftBank Group, one of the biggest shareholders in One97 Communications, is looking to sell 29 million shares in the company at ₹555-₹601.45 apiece.
SoftBank Group, one of the biggest shareholders in One97 Communications, is looking to sell 29 million shares in the company at ₹555-₹601.45 apiece.
Paytm shares have wiped off 72% of investors' wealth since listing, falling from IPO price of ₹2,150 to an intraday low of ₹605.80 today.