Paytm, Nykaa, Zomato Investors Screaming for the loss..!

Sowmiya Sriram
Paytm, Nykaa, zomato Investors Screaming for the loss..!

Many companies have entered the stock market in the past year. Many start-ups, in particular, have entered the stock market. However, some of the companies were memorable. However, some of the companies listed on the stock exchanges fell sharply. paytm, Nykaa, bp Fintech, and zomato, in particular, earned Rs 3.58 lakh crore on the first day of listing.
Whatever the aspect of the beginning, to date, these companies have seen a loss of Rs 1.30 lakh crore. The stock price has plummeted as it has been on sale due to profit booking in the market. In particular, paytm alone saw a loss of Rs 45,597 crore. It has seen a two-thirds loss in its share value.

 N
ykaa had a market cap of Rs 1,04,360.85 crore as of november 10 and is currently at Rs 71,308.55 crore. This has resulted in a loss of Rs 33,052.30 crore.

Zomato investors' value fell to Rs 66,872.07 crore from Rs 98,731.59 crore as of July 23, 2021. In zomato alone, the loss was Rs 31,852.52 crore. Policy Bazaar has incurred a loss of Rs 19,200.38 crore.

The value of this script has declined from Rs 54,070.33 crore as of november 15 to Rs 34,869.95 crore. These companies, which initially received multiple applications for the share issue, have now seen a sharp decline. So it has given huge losses to the investors. In the meantime will this continue in the coming days? Yet what do these stocks look like? And amid the current tense situation in the international market, what's next? Is the deposit amount exceeded? Let's wait and see.
For more interesting updates click and follow Indiaherald WhatsApp channel

Find Out More:

Related Articles: