VERIFIEDET Stocks·8 Oct 2026negative

Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?

AI Summary

·Shares of Paytm, Mobikwik, and Pine Labs experienced a significant decline, falling up to 10%.
·The sharp plunge is attributed to reports suggesting a potential delay in the implementation of UPI MDR.
·This delay has raised concerns among fintech companies regarding the anticipated benefits from the new fee structure.