Paytm slumps after block deals

One 97 Communications (Paytm) dropped 8.83% to Rs 548.45 on high volumes after the counter reported multiple block deals in initial trade today, 17 November 2022.

The stock was currently hovering near its record low of Rs 511 hit on 12 May 2022.

On the BSE, 30.51 crore shares of the company were traded on the counter so far as against an average trading volume of 93,408.94 shares in the past three months.