Paytm shares fall below Rs.500 mark for the first time; Paytm stock is down more than 75% from its IPO issue price of Rs. 2150. The said issue has been flagged by Indian-Share-Tips.Com analysts as these are the risks to Paytm from billionaire Mukesh Ambani's foray into the financial services business. Moreover, one year lock in is finishing , so strategic investors are selling the share.
Mukesh Ambani is a big fish and can capture the payment market like it has done to the telecom sector by launching Jio.
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