PAYTM shares remains flat on Monday and the quarterly results failed to impress the markets. PAYTM stock opened the session at Rs 901 and touched an intraday high at Rs 920 and low at Rs 872.30.
PAYTM share price jumped over 7 percent in early trades after upgrade from Emkay Research Team. PAYTM rarely receives ratings from research houses, mainly due to its highly volatile price action.
PAYTM share price has witnessed a major decline within a few trading sessions, leaving long term investors in a dilemma about the next support level for the stock.
PAYTM share price has recently declined from 52-week high of Rs 1,062 but Bernstein Research is still bullish on the fin-tech stock. PAYTM was trading 0.4 percent lower today at Rs 899.
