Saturday, 11 April

Saturday, 11 April2026

Stock prices of Zomato, Paytm, Nykaa drop to lowest level since their IPO

By Basit Ansari
Stock prices of Zomato, Paytm, Nykaa drop to lowest level since their IPO
<p>Zomato and Paytm stocks hit their respective lows since listing. On Monday&#39;s early deals, Zomato&#39;s shares fell over 18% to Rs 92 apiece on the BSE. Paytm shares were down by 4% trading at Rs 924 apiece. Zomato went public in July 2021 and is up more than 30% from its initial public offering (IPO) price of Rs 76. Paytm, on the other hand, is down nearly 57% from its IPO price of Rs 2.1K. Nykaa shares were down from its all-time high by over 13% to Rs 1.6K.</p>
Read full story at TechCrunch
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