Paytm shares, owned by One97 Communications, dropped more than 2% in morning trade ahead of the company’s Q2 FY25 results.
The company’s shares opened at ₹727.00 and hit a day low of ₹705.05. The stock reached a high of ₹728.80 before settling lower. This movement comes as Paytm’s stock continues to face volatility, significantly below its 52-week high of ₹992.00, but still well above its 52-week low of ₹310.00.
Investors are awaiting the company’s Q2 FY25 reports, which are likely to provide information about its financial health.
As of 10:25 am, Paytm shares were trading 2.63 % lower at Rs 706.85 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information
