News > Paytm shares close record low; ends below Rs 1,000 for first time since listing
Paytm shares close record low; ends below Rs 1,000 for first time since listing
Business Standard | 19/01/2022 10:02 PM | Click to read full article
Shares of Paytm owner One97 Communications Ltd on January 19 ended at a record low with shares closing below Rs 1,000 a piece for the first time since listing.
During the day, the scrip hit an all-time high of Rs 990, down 54% from its issue price of Rs 2,150. The stock was listed in November last year. Since listing, the stock eroded investors' wealth over Rs 74,000 crore.
