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Paytm stock stuck on lower circuit

As expected paytm stock got stuck on lower circuit (maximum downward move allowed in a day). Insanely large selling volumes with zero buy orders.

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roct

Accenture

8 months ago

-20% in a single day is insane
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GlassSkin63

Stealth

8 months ago

It's actually locked in lower circuit. That means trading stopped for cooling down a bit (applicable for all stocks) . Tomorrow the blood bath will continue.
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roct

Accenture

8 months ago

Yeah I know. Also, exchanges can adjust the lower circuit to be further down during the day if needed
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CunningLinguist

Venture Capital

8 months ago

3.8Cr at 609 - That's more than 5% of all shares
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GlassSkin63

Stealth

8 months ago

Basically it ate up all buy orders and will continue to eat up any future buy orders at that price. Going to be interesting next one week for paytm. Their best bet would be to be bought by a bigger player.
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BrainyPanda

Softbank

8 months ago

Is paytm going to be India’s Bear Stearns?
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Curated from across

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Indian Startups on

by AlphaGrindset

Series A Startup

Another lower circuit :/

Are you guys selling/buying?

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Personal Finance on

by UsernameChecksOut

Stealth

Paytm stock

How much more do you think Paytm will fall further? It has already crashed by 150+, blood everywhere!

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Indian Startups on

by Sherlock007

TCS

Paytm yet to hit rock bottom...

20% Lower Circuit, at 609.

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Personal Finance on

by CodeMaster

Razorpay

Why is PayTM hitting the 5% upper circuit for the last three days?

Has there been any good news about the company or is it just the operator playing their game with gullible retail investors?

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Indian Startups on

by Sherlock007

TCS

Paytm Karo!!!

Lower circuit again at 480. Zomato mcap is 4x of Paytm. Let this sink...

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News Discussion on

by Aragorn_urf_Maverick

Accenture

Paytm (One 97 communication limited) distances itself from Paytm Payments Bank Limited

As per latest press release OCL, will completely move its services to other bank and will only bank with other bank. Cutting ties with their own subsidiary is something which is unheard of. I am sure paytm payments bank will be back after some cool off period and some fines. I guess this is all done to manage their stocks 📉 https://www.bseindia.com/xml-data/corpfiling/AttachLive/02a4a3a1-8cc0-4cde-a35f-d4f70ca98377.pdf

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News Discussion on

by Borosil_Carrier

Stealth

PayTM CEO in Townhall : “We are not completely sure of things...like what exactly went wrong”

Really ? Even after receiving multiple notifications from them ? Even after submitting false compliance reports to them on various instances ? Even after they had put monetary penalty on you for continued non-compliance with KYC norms. You don’t know what exactly went wrong. That’s great 😄👍 Links : https://www.cnbctv18.com/finance/paytm-payments-bank-rbi-crackdown-the-inside-story-18970171.htm/amp https://timesofindia.indiatimes.com/gadgets-news/paytm-town-hall-no-job-cuts-and-other-key-things-that-ceo-vijay-shekhar-sharma-told-employees/amp_articleshow/107420639.cms

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Personal Finance on

by Sherlock007

TCS

Paytm again at lower circuit 📈

342 is the new low after ED in action sniffing Chinese currency 💲💵💵💲 Indian startups should comply better else many more byjus and Paytm debacle yet to arrive

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Indian Startups on

by Sherlock007

TCS

Paytm not available for sale!

Amidst all chaos vss denied this

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