Paytm share price drops 71% from IPO price; out of BSE top-100 mcap list

Paytm shares dropped to an all-time low of ₹616.55 apiece on Tuesday, leading it to drop out of the BSE top 100-most valued companies by market capitalisation. Following RBI's order on Paytm Payments Bank, its shares crashed 20% in the last two trading sessions. Notably, its share price has dropped 71% from its issue price of ₹2,150 apiece.