Paytm hits Upper Circuit π
Vss is pumped up, will this be another #maggi moment? ( Nestle regained the trust and market share through sensible marketing)
Kalan Lee
Stealth
8 months ago
If VSS is removed, it's a strong buy
Dezi Lee
Stealth
8 months ago
not sure about ethics considering there were so many non-compliances, but he is the only one who can take paytm out of this slump, nobody else.
Coy Everett
Stealth
8 months ago
Yes. His resignation would definitely help
This is not a subject of marketing. Tell me what's the next biggest business model/revenue stream for them which would promise any growth for the company?
Its a dead share for now. All jumps are temporary and opportunity to sell if you are stuck.
Buy only when long term business model and plan to achieve that is clear, whatever is the cost then.
Till then risk reward ratio donβt favour!
In my opinion- NOT
Maggi/Nestle was a market leader, the original product was with the company and stayed with the company. Here, Payment Bank would be non-operational. PayTM was trailing in UPI business and these hiccups will further erode the customer confidence.
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by Aaron Hyrum
TCS
Paytm lower circuit is now 5%
The fresh revision in the circuit limit came a day after Paytm shares were locked at their 10 per cent lower circuit limit.
https://www.businesstoday.in/markets/company-stock/story/paytm-share-price-band-revised-downward-by-bse-nse-to-5-from-10-earlier-417553-2024-02-15