Why did Paytm shares fall by 8%? – paytm shares price fall over 7 percent after npci data shows no upi market share gains in december

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UBS report states that according to NPCI data, there has been no increase in Paytm’s UPI market share in December. Despite getting approval to add customers in October, Paytm’s share in the UPI market almost halved, falling from 10 percent at the beginning of 2024 to just 5.5 percent by the end of the year.