Paytm Shares Fall 2% Amid Block Deal Involving PE Funds

Paytm shares fell 2% after a block deal involving the stock took place, with PE funds offloading up to 2% of the company's outstanding equity. The sale was worth around Rs 1,640 crore, with the floor price set at Rs 1,281 per share. Despite a decline in net profit, Paytm's operating performance remained strong, with revenue from operations rising 24% YoY. The company continues to gain consumer market share and has outlined four core focus areas: strengthening merchant leadership, expanding full-stack offerings, and scaling credit and financial services.