One 97 Communications Shows Increased Investor Activity Amid Market Volatility

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 9,691,865 shares and a total traded value of approximately Rs 101.8 crore. The stock opened at Rs 1,081.40 and reached a new 52-week high of Rs 1,089.00 before closing at Rs 1,034.30. This marks a decline of 0.38% for the day, underperforming its sector, which saw a slight increase of 0.01%.
Despite today's downturn, One 97 Communications has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend over a longer period. The stock has experienced a trend reversal after three consecutive days of gains. Notably, investor participation has surged, with a delivery volume of 30.56 lakh shares on July 22, reflecting a significant increase of 168.27% compared to the 5-day average.

With a market capitalization of Rs 66,832.14 crore, One 97 Communications continues to maintain a strong position within the financial technology sector. Overall, the stock's performance today highlights a mix of volatility and sustained investor interest.