This Indian inventory owned by Warren Buffett has been a cash destroyer

internet unique

In September 2018, Buffett’s funding arm – BH Worldwide Holdings – invested $300 million, or Rs 2,179 crore, for a 2.6 p.c stake in Paytm, which valued the start-up at $10 billion on the time.

Buzzing Inventory | Paytm | market tendencies

Puneet Wadhwa |
New Delhi

Issues have gone south for PayTM since its itemizing on the inventory trade in November 2021, with its shares falling practically 71 per cent from their concern worth. And if analysts are to be believed, there may be extra ache forward and traders mustn’t use fall-to-bottom-fish to counter this.

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First printed: Thu, 17 March 2022. 11:10 IST

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