New age tech shares Zomato and Paytm continued to stay beneath stress, hitting their respective lows since itemizing. Zomato plunged one other 10% in Monday’s early offers to ₹100 apiece on the BSE, plummeting over 25% within the final 5 buying and selling classes. Alternatively, Paytm was buying and selling practically 4% decrease at ₹924 apiece.
The meals supply platform Zomato received listed in July 2021 and is up greater than 34% from its IPO difficulty value of ₹76. In the meantime, Paytm is down over 57% from its difficulty value of ₹2,150.
Supply: Live Mint