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Paytm's market cap falls below ₹50,000 cr as shares hit record low
short by Hiral Goyal / on Monday, 7 March, 2022
The market capitalisation of Paytm's parent One97 Communications fell below ₹50,000 crore on Monday as the company's shares hit record low of ₹751. Paytm's market capitalisation stood at ₹48,785 crore as its shares ended 4.15% lower on the NSE on March 7. Paytm made its stock market debut in November 2021 and its shares have declined nearly 65% since then.
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