since, some time ago fintech industry is struggling. in this industry lot's of companies are in loss because of his competitors. paytm is one of them.in FY 2022 the net loss of paytm is -2,325.1 crore. paytm share price is fallen nearly about -70 percent in past 1 year.
In past 1 week the share price of paytm is fallen -24.78 percent.but why..??
The reason behind downfall of paytm share is his pre-offered investors.because paytm has not able to make good profit.so, pre-offered investors loose their trust on paytm business. paytm investor's are in doubt whether paytm will ever be able to make profit's or not..?
The second largest share holder is SOFT BANK with 17.45 percent stake in paytm. due to this worst condition of paytm softbank sold 4.5 percent stake in paytm for 1,631 crore. because the lock in period ended for the pre-offered investor's that invest in paytm before listing. softbank shareholding will decrease to 12.95 percent from 17.45 percent.
That's why the share price of paytm is fall in last 1 week.
That's why the share price of paytm is fall in last 1 week.
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