Paytm share price has declined 20% over the past 10 days, underperforming the market. Read our balanced analysis examining potential factors behind the selloff and what it means for investors.
Losses widened to Rs 2,396 crore, stock fell 2.45% on Jan 27 after results.
27 Jan
PRICE - ₹597
RBI ban on adding customers on Feb 28 caused 1.51% drop.
30 Jan
PRICE - ₹597 (Down 2.45%)
RBI ban on adding customers on Feb 28 caused 1.51% drop.
31 Jan
PRICE - ₹588 (Down 1.51%)
Broader markets fell -1.53% on Feb 1, dragging Paytm down too.
01 Feb
PRICE - ₹579 (Down 1.53%)
US Fed hiked rates on Feb 2, pushing yields up and growth stocks like Paytm down 2.07%.
02 Feb
PRICE - ₹567 (Down 2.07%)
On Feb 3, Citi downgraded stock, leading to 1.06% fall.
03 Feb
PRICE - ₹561 (Down 1.06%)
Googlepay introduced sachet loans on Feb 4, Paytm fell 1.42%.
04 Feb
PRICE - ₹553 (Down 1.42%)
Softness in Zomato, Swiggy delivery orders indicated poor payments GMV for Paytm, stock fell 1.81% on Feb 5.
05 Feb
PRICE - ₹543 (Down 1.81%)
Equities globally fell on Feb 6 on recession fears, Paytm followed broader trend, down 1.10%.
06 Feb
PRICE - ₹537 (Down 1.10%)
Breakdown below 20-DMA at 550 level on Feb 7 sparked more selling, stock tanked 1.12%.