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.