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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Paytm shares drop 4% after SAIF Partners, others likely sell stake worth Rs 960 crore

Paytm One 97 Communications

Shares of One 97 Communications, the parent company of fintech platform Paytm, dropped around 4% on Friday after existing investors like SAIF Partners and Elevation Capital Entities had likely sold shares worth more than Rs 960 crore, as per a report.

Shares of the company dropped to Rs 1,112.60 apiece on NSE, bucking the overall uptrend in markets as Sensex gained around 400 points and Nifty neared 23,750.

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