When its come to DIGITAL payment once name is common even though people are using different app even they mostly say it Paytm.
I think nobody would be remained to use the Paytm from hawker to big shop to vegetable seller to smallest business.
We all know PAYTM is universally present everywhere, so we should expect good in business as well but things are not its way. Every business need money to run so PAYTM brought IPO to overcome the burden of loan and make its balance sheet good but things proved to be nightmare for its investors . World top investor WARREN BUFFET had invested and many more recently BUFFET EXITED.
Stock is falling mostly due to news and restriction from the RBI and other policy. Stock IPO which was issue for 2000+ now trading Marely at 487 (nearly 40%down) in 2days .
Its a panic for the investor waiting for their exit price to come.
However every company has a bad day but I am expecting it to come once things will be smooth and if any big organization bid to buy it.
but this time PAYTM A NIGHTMARE FOR INVESTOR 80% DOWN FROM IPO.
FOMO-Fear of missing out in stock market
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