One 97 Communications Shows Resilience Amidst Decreased Investor Participation in Fintech Sector

One 97 Communications Ltd, trading under the symbol PAYTM, has emerged as one of the most active equities today in the financial technology sector. The stock recorded a total traded volume of 1,658,108 shares, with a total traded value of approximately Rs 15,427.37 lakhs. Opening at Rs 907.95, the stock reached a day high of Rs 940.85 before settling at a last traded price of Rs 939.45.
Notably, One 97 Communications has outperformed its sector by 2.88%, marking a trend reversal after three consecutive days of decline. The stock's performance today reflects a 3.54% return, contrasting sharply with the sector's 1D return of 0.20% and the Sensex's decline of 0.14%.

Despite this positive movement, there has been a notable decrease in investor participation, with delivery volume dropping by 44.1% compared to the five-day average. However, the stock remains liquid, with a trade size of Rs 3.66 crore based on 2% of the five-day average traded value.

Overall, One 97 Communications continues to show resilience in a challenging market environment, maintaining a market capitalization of Rs 59,972.07 crore as a large-cap player in the fintech industry.