Why Paytm fell so much?
1. Paytm's Rs 18,300 crore IPO, which was the country's largest- this meant a large supply which needed large demand to support it's price.
2. But was subscribed 1.89 times only, this meant lack of demand.
3. Paytm is yet to turn profitable and Is likely to report losses for coming few years.
4. All above points created negative...