Paytm shares crash over 42% in 3 days; investors lose Rs 20,500 crore
Shares of Paytm fell 10% due to regulatory crisis and investigation by the Directorate of Enforcement. The stock has lost 42.4% of its value in the last 3 trading sessions. Experts advise against bottom fishing. Paytm Payments Bank faces an existential crisis due to RBI's ban. Paytm has been under ED investigation since 2021 for alleged money laundering and illegal betting.
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