This makes it more likely that the RBI action was done to force a sale. Not the first time regulatory agencies have been abused this way.
Mota bhai can buy good stake 200.
it’s not like they’ll come out saying yes we’re looking to sell - none of these comments will ever generate a response from a company
But he'll agree to selling yo JioFin [mota bhai 😂]
PAYTM Payments Bank essentially asked to shut shop.
Afaik here are the few implications
That stock is about to crash so fucking hard. Thank god i got out. The crappiest IPO of this decade.
As expected paytm stock got stuck on lower circuit (maximum downward move allowed in a day). Insanely large selling volumes with zero buy orders.
Vss is pumped up, will this be another #maggi moment? ( Nestle regained the trust and market share through sensible marketing)
