WHY PAYTM CRASHED?
Abaut Paytm : Paytm is a payment merchant it's the India's initial online payment app which is successful and all shop, grocerie stores, etc are started using there QR code.
Founder of paytm: Vijay Shekhar Sharma
Paytm was founded in 2010
Reason why paytm falling::: RBI reserve Bank of India says persistent non-compliances and ongoing material supervisory concerns within the Paytm .
According to the news accused Paytm of financial crimes, including falsifying customer information and money laundering and paytm share crashed and hits lower circuit continuously.
First day it fall 20% after a day it again fall 20% on 13 febuary the price of paytm share is 380inr.
52 week high of paytm share is 998.30rs
It fall more than 60%
https://www.simplystock2.online/2024/02/nse-national-stock-exchange-conduct.html
Thanks for information
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