Know Paytm Share Price: The stock price of One 97 Communications (Paytm) has fallen nearly 10 percent to its lowest since May this year

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The share price of this fintech company has gradually decreased since the market opened this morning

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The stock fell by Rs 52.95 or 8.82 per cent to Rs 548.50 by 12:39 pm on Thursday

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SoftBank Group Corporation will sell its 4.5 percent stake or 2.9 crore shares in Paytm through a block deal on Thursday, a news agency reported

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The price band of this share will be 555 to 601 rupees. Softbank Group will get about USD 200 million or Rs 1628.9 crore through  this sale this saleagency reported

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Thelower end of this price band will remain at a 7.74 per cent discount to Wednesday's closing price on BSEthis saleagency reported

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Shares of the fintech company were trading at Rs 601.55 on the Bombay Stock Exchange at the close of trading

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After a one-year lock-in period, pre-IPO investors will be able to sell shares in Paytm. This stock entered the market on November 18, 2021

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