Why PAYTM Stock price are Continue falling?

Reason No1 - PAYTM Ceo Vijay Shekhar Sharma was declares $19.9 billion  valuation of Paytm Company

As a Expert's Calculation this valuation is not fare. Expert' Found that Paytm  not  have concrete  business Model

Reason No2 - PAYTM Issue Price  ₹2,150/- is Over valued as a genuine valuation.

PAYTM Promoters & Mutual Fund Holders are near Zero

PAYTM CEO Stake only 2% of Own Paytm company That is big reason for stock falling.

RBI ban declares on PAYTM New Account Opening Facilities