TIWN
New Delhi, Jan 11 (TIWN) The Paytm stock hit an all-time low, trading down a further 2.16 per cent on Tuesday at Rs 1,132 after an almost 6 per cent slide the previous day.
Shares of the One97 Communications have declined 5.3% in three trading sessions from its previous closing low of Rs 1339.60 posted on 3 January 2022. The counter has fallen 35% from its 52-week high of Rs 1961.05 hit on 18 November 2021. The stock entered the bourses on 18 November 2021. It was listed at Rs 1955, a discount of 9.07% compared with the initial public offer (IPO) price of Rs 2150. The counter has declined 41% from its IPO price. The IPO of Paytm was subscribed 1.89 times. The issue opened for bidding on 8 November and it closed on 10 November. The price band of the IPO was fixed at Rs 2080 to Rs 2150 per share.
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