Tech

BNP Paribas Sells Paytm Shares Worth INR 1,330 Cr

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SUMMARY

While BNP Paribas Financial Markets sold 1.05 Cr shares at INR 1,260.06 apiece to rake in INR 1,330.7 Cr, Integrated Core Strategies offloaded 32.55 Lakh shares to lap up INR 410.1 Cr

This comes a week after another investor Elevation Capital sold 1.19 Cr shares in the fintech major via two block deals for a total sum of INR 1,556 Cr

Shares of the fintech giant have rallied 23% on a YTD basis, driven primarily by growing revenues and continuing profitable show in Q2…

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