Paytm Nykaa: These five tech companies gave investors crores…
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New Delhi : A year ago, a new technology company (technology companies) The market dominated. These companies in the stock market (Share Market) Smoke was wearing. There was huge investment in companies. However, in just one year, a storm of tech companies have hit the ground running and impressed investors (Investors lost) Crores were affected.
Paytm, Nykaa, Zomato, Delivery, Policy Bazaar Brokerage houses were advising to invest in these companies. But no one thought about the future of this company. Investors who invested blindly got a big jolt.
Now just after a year, these companies have made the investors’ mouth water. Investors investing in Paytm alone have lost 8 lakh crores. Investors of other companies are pawns.
Shares of Paytm hit an all-time low of Rs 472 on Wednesday. Investors in companies like Paytm, Nykaa, Zomato, Delivery, Policybazaar have suffered heavy losses in the last 16 months.
Investors are now pulling out of these tech companies. They are selling shares. From PETA to Softback, Hero to VC firm Lighthouse India Fund has launched a massive sale season.
3 crore shares worth Rs 525.39 crore have been sold in these companies. Shares have been sold after the end of the lock-in period for pre-IPO investors.
Uber Technologies, which had initially invested in Zomato, exited the online food delivery platform in August this year. Shares of Zomato were trading at Rs 62.15 on Wednesday.
Nayak’s one-year lock-in period ended on November 10 and the stock fell on the same day. The stock was trading at Rs 171.15 on Wednesday.
All these developments are affecting the management of the company as well. Resignation session of senior officers, managers, directors, founders of these companies is also going on. Due to this, there has been a glow in the market.
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