Paytm Makes Weak Stock Market Debut, Falls Over 20% From IPO Price
Shares of One 97 Communications, the parent of digital payment firm Paytm, made a disappointing stock market debut. The stock plunged over 20 per cent on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Paytm's Rs 18,300 crore IPO, which was the country's largest, was subscribed 1.89 times last week.
