Paytm shares dip for seventh straight session. Time to buy after Q1 results?

Paytm (One 97 Communications) shares fell for a seventh straight session on 22 July 2026, declining about 2% intraday and bringing the cumulative seven-session drop to around 8%. The selloff follows the company's Q1 FY27 results announced on 20 July and its decision to shelve its first-ever bonus share issue. Technical analysts note support around the 20-day EMA in the ₹1,275-1,270 zone, with the stock correcting from a recent high of ₹1,407 touched on 15 July.