Paytm shares slip nearly 2% on block deal buzz
The One97 Communications share dropped 1.5% to the day’s low of Rs 1,388.40 on the NSE after news reports suggested that 1.5 crore shares changed hands via block deals, which is 2.3% of the total outstanding equity. The average price per share was Rs 1,367.8, amounting to the deal at Rs 2,038 crore.
The total volume today remained at an average of 45 lakh shares, which is in line with its one-week average of 43 lakh shares and one-month average of 41 lakh shares.
