Paytm share price declines 5% amid block deal news
pre-market1 source ↓written by the desknot a recommendation
- to ₹1
- 5%
- following a likely
- 8.6 million-share block deal
- to the previous
- 3% discount
- valued at approximately
- ₹963.6 cr
Paytm's parent company, One 97 Communications, saw its share price drop 5% to ₹1,110 following a likely 8.6 million-share block deal. The floor price is set at ₹1,120.65, a 3% discount to the previous close of ₹1,155.30. This transaction, valued at approximately ₹963.6 cr, indicates a gradual exit of early investors.
Not investment advice. For informational purposes only.