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Paytm down 75% from IPO price. Is this a good entry point for new investors?

14 Jan 2023 Zinkpot 143

 Money Control -  Shares of Paytm (One97 Communications) tanked over 6% on January 12th on a part-stake sale by Alibaba Group. As of September 2022, Alibaba.com held 6.26% of the payments company and in a block deal it sold a 3% stake. The Paytm stock is down 75% from its Initial Public Offering (IPO) price. Does this make a good entry point for new investors? Read more

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