Where to buy Paytm stock dip after it dropped 27% after conducting India’s largest-ever IPO
- Paytm stock is down -589.20(-27.40%) today.
- It is currently trading at 1,560.80 INR ($21.03).
- Here is a brief guide on where to buy Paytm stock.
Paytm stock (PAYT.NS) has made the worst debut in the Indian stock market registering a drop of 27% just after completing Indi’s largest-ever IPO.
Some investors had questioned Paytm’s non-profitability and lofty enterprise value and most expected its stock price to make a debut with a decline. However, it would be a good time to buy the stock to make a good profit once the stock starts rising.
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To help stock investors interested in investing in Paytm stock, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
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What is Paytm stock?
Paytm stock is the stock of One97 Communications IT service Management Company and it trades in the Indian stock market under the symbol PAYT.NS.
One97 is India’s leading Mobile Internet Company. It offers digital goods and services to mobile consumers under its Paytm brand.
The company also offers Mobile Payments for merchants and Mobile Advertising.
Should I buy Paytm stock today?
If you are looking to take advantage of a stock dip, Paytm stock could be a perfect choice.
Paytm stock price prediction
It is currently difficult to predict future Paytm stock price movements. However, It is expected to at least push back up above its initial price offering in the coming weeks.