News > Paytm’s stock down over 40% since listing; here’s why analysts expect it to sink deeper

Paytm’s stock down over 40% since listing; here’s why analysts expect it to sink deeper

Paytm’s stock has crashed more than 40% to ₹1,170 since it got listed on November 18, 2021, from its IPO price of ₹2,080. Analysts at global brokerage firm Macquarie expect the stock to fall over 50% more to ₹900 due to regulatory challenges, slowing merchant loan business, rising attrition and thereby increasing employee cost and so on. 

Macquarie expects Paytm’s stock to fall 50% more to ₹900 per share as it sees many struggles awaiting the payment company.