Uncategorized

Paytm suffered a loss of 473 crores in the second quarter, know what investors should do?

[ad_1]

Paytm Share Price: Paytm Company has recently listed its IPO in the market. The investors of the company have suffered huge losses after the listing. The company’s shares were listed in the market at Rs 1950, after which the company’s stock fell to the level of Rs 1271, that is, the company’s stock saw a decline of about 40 percent. However, the company’s stock closed at Rs 1,765.60 on the last trading day. At the same time, the company has also released the Paytm quarterly results for the quarter ended September 30.

The company suffered a loss of 473 crores
Paytm’s parent company One97 Communications’ consolidated loss widened to around Rs 473 crore for the second quarter ended September 30, 2021. The company has given this information on Saturday. At the same time, in the same quarter a year ago, the company had a loss of Rs 436.7 crore.

The company’s earnings grew by 49.6 percent
In the information given to the stock market, the company said that its total income increased by 49.6 percent to Rs 1,086.4 crore during the second quarter, from Rs 663.9 crore in the same quarter of 2020-21. On Friday, the company’s stock closed at Rs 1,781.15, down 0.86 percent on the BSE.

Make 1271 rupees
Let us tell you that in the last 5 days, the company’s stock has given a return of 21.68 percent to the investors. In the last 5 days, the company’s stock has increased by Rs 314 to reach the level of Rs 1765. The high till now has been Rs 1955 and the low has been Rs 1271.

Read also:
Multibagger stock: Bumper Earnings! In 3 months this stock made 13 lakhs worth 1 lakh, gave 1200 percent return to investors

Earn money: By investing only 15000 rupees, you can also do this work, in 3 months you will earn 3 lakhs, know how?

,

[ad_2]

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button