Diabytes
Paytm stocks News
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Extending its gains in the second consecutive session, the stock of the company climbed 5 percent each to Rs 358.55 and Rs 358.35 apiece -- also its upper circuit limit -- on the BSE and NSE, respectively.
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Paytm shares are up 5.5 per cent at Rs 462.70 on the Bombay Stock Exchange on Monday. Paytm shares had fallen in the last few sessions after RBI restrictions.
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BSE and NSE have reduced the lower circuit filter to 10 percent from 20 percent.
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Paytm wallet customers can use money till the time their balance is exhausted, however they cannot add money after February 29 after the RBI decision.
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The RBI had on January 31 issued directive to Paytm Payments Bank (PPBL) ordering the lender to cease taking deposits or top-ups in any user accounts, wallets, FASTTags, and other instruments after February 29.
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After stocks of Paytm have seen continuous bleeding, should you Buy or Sell the shares? Check what analyst says.
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Experts have said that the shares of Paytm will continue to remain in pressure after the central bank's restrictions on Paytm Payments Banks.
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