One 97 Communications Faces Decline Amid Decreased Investor Participation and Market Challenges

One 97 Communications Ltd, trading under the symbol PAYTM, has emerged as one of the most active equities today, with a total traded volume of 15,069,490 shares and a total traded value of approximately Rs 126.74 crores. The stock opened at Rs 842.00, reflecting a loss of 2.78% from the previous close of Rs 866.05. Throughout the trading session, PAYTM reached a day high of Rs 853.00 and a day low of Rs 830.55, marking a decline of 4.1% at its lowest point.
In terms of performance, the stock has underperformed its sector by 2.67%, with a one-day return of -2.23%. Notably, the stock's delivery volume has seen a significant drop, falling by 45.16% compared to the five-day average, indicating a decrease in investor participation. Despite this, PAYTM remains liquid enough for trades of Rs 0.85 crores, based on 2% of the five-day average traded value.

Overall, One 97 Communications Ltd continues to navigate a challenging market environment, with its performance metrics reflecting current trends in the finance and NBFC sector.