Paytm shares dip nearly 9%

New Delhi: Shares of One97 Communications Ltd, which owns the Paytm brand, tanked nearly 9 per cent on Friday as investors continued to dump the stock. Extending its previous day’s decline, the stock dived 8.67 per cent to Rs408.30 on the BSE. Shares of the company tumbled 8.20 per cent to Rs410 on the NSE. Shares of One97 Communications Ltd fell 10 per cent to hit lower circuit limit on Thursday, after a two-day rally in the stock fizzled out. One97 Communications stock price had climbed 10 per cent on Wednesday and rebounded over 3 per cent on Tuesday after three days of sharp fall.