Paytm shares fall to record low, down 47% from issue price

Shares of Paytm parent One97 Communications fell to a record low on Tuesday despite the company reporting a jump in loan disbursals in the December 2021 quarter. The company's shares hit a record low of ₹1,113.65 on the NSE, down 47% from its issue price. Earlier on Monday, financial services provider Macquarie had retained its 'underperform' rating on Paytm's stock.