ilmscore | Prediction Details
"Paytm when it had come up with its IPO it was somewhere around 1800 I guess then you know what happen the story right it came down and down and down let's say it came down to ₹600 now many people just tell with confidence that because it was at 1800 during the initial days we are sure that it will go back to 1800 oh why you should ask yourself that what changed in the company because of which it went down from 1800 to 600 was there a change in the business this model? Was there a change in the competition for the stock? Was it because of some regulatory changes? There are so many things because of which a stock can slide down. What people do in their behavioral aspect is that they will just cling on to that number 1800 and just keep on believing that some day or the other this stock will go back to 1800."
By CA Rachana Phadke Ranade | April 15, 2025 | Incorrect
From video
Why do we make Dumb Investing Decisions? | Behavioural Finance | CA Rachana Ranade 00:05:52 - 00:06:41
Interpreted Prediction
The speaker highlights Paytm's IPO price of ₹1800 and its subsequent fall to ₹600 as an example of anchoring bias, where investors fixate on the IPO price and expect a recovery without considering fundamental changes in the company or its market conditions.
AI Evaluation Notes
The prediction discusses Paytm's IPO price of ₹1800 and its fall to ₹600. As of January 9, 2026, the price is ₹362.85, a significant deviation from the predicted recovery to ₹1800.

Prediction Details

Ticker
PAYTM.NS

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