Paytm Shares Plunge on Block Deal; Stock Hits 5-Month Low | Stock Market News

Shares of One 97 Communications, the parent company of Paytm, tumbled nearly 5% on Friday, November 24, reaching a five-month low of Rs 880 per share on the BSE. The decline came after a block deal involving 1.57 crore shares, equivalent to 2.5% of the company's equity. The identity of the buyers and sellers in the block deal remains undisclosed.