Explained: Why Paytm shares fell sharply in early trade

Paytm shares declined 4.6 per cent in early trade, but have made up some ground. Paytm shares traded 0.22 per cent lower at Rs 1,778 on the National Stock Exchange (NSE) at 10:40 am. It was down 0.23 per cent on the Bombay Stock Exchange (BSE).

Shares of One97 Communications Limited, the parent firm of Paytm, fell sharply in early trade on Monday after the company reported its Q2FY22 results.

Paytm shares declined 4.6 per cent in early trade, but have made up some ground. Paytm shares traded 0.22 per cent lower at Rs 1,778 on the National Stock Exchange (NSE) at 10:40 am. It was down 0.23 per cent on the Bombay Stock Exchange (BSE).