Paytm shares plunges over by 9% amid reports of ED probe in crypto scam

Shares of Paytm, a unit of One 97 Communications Ltd fell over by 9% in early trade amid reports of eight payment gateways, including Paytm, RazorPay, PayU, and Easebuzz, coming under the Enforcement Directorate (ED) scanner.  

As per the Reports, Rs 2,200 crore were raised across 20 states and linked to 10 Chinese nationals in a cryptocurrency scam. ED has frozen Rs 500 crore in connection with the scam.

Paytm stock slipped 9% to Rs 773.90 in the current session against the previous close of Rs 848.95 on BSE. The market cap of Paytm fell to Rs 52,749 crore on BSE. A total of 3.89 lakh shares of the firm changed hands amounting to a turnover of Rs 31.70 crore. The Paytm stock has risen 10% in a year but lost 16% in 2025.

The stock has a beta of 0.9, indicating low volatility in a year. In terms of technicals, the relative strength index (RSI) of Paytm stands at 40.9, signaling it's trading neither in the overbought nor in the oversold territory.

Shares of Paytm are trading higher than the 100-day, 150-day, and 200-day but lower than the 5-day, 10-day, 20-day, 30-day and 50-day moving averages.

 

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