Comments
One 97 Communications, the parent of Paytm on Wednesday said the company’s business fundamentals remain robust.
“The company would also like to point out the business fundamentals remain robust as demonstrated in our last earning release dated February 4, 2022,”it said in a stock exchange filing, adding that there is no information or announcement, which in its opinion may have a bearing on the price or volume behaviour in company’s scrip.
Its comments come after the BSE sought clarification on the significant price movement of the company’s scrip.
Paytm shares hit a fresh low of ₹541 apiece on BSE on March 22. It was trading at ₹542.3 apiece on BSE in Wednesday.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.