One 97 Communications Sees Surge in Trading Activity Amid Fintech Sector Fluctuations
One 97 Communications Ltd, trading as PAYTM, has become highly active in the fintech sector, with a traded volume of over 1.3 million shares. The stock has shown significant investor participation, with delivery volume surging compared to recent averages, indicating robust trading dynamics in the market.
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 company recorded a total traded volume of 1,377,393 shares, with a total traded value of approximately Rs 144.39 crores. The stock opened at Rs 1,057.00 and reached a day high of Rs 1,058.70, while the day low was Rs 1,032.40. As of the latest update, the last traded price stood at Rs 1,056.60.In terms of performance, One 97 Communications has underperformed its sector by 0.52%. The stock's weighted average price indicates that more volume was traded closer to its low price. Notably, the stock is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below the 5-day moving average.
Investor participation has seen a significant rise, with delivery volume on August 5 increasing by 2,897.68% compared to the 5-day average. The stock's liquidity remains robust, accommodating trade sizes of Rs 35.15 crores based on 2% of the 5-day average traded value. Overall, One 97 Communications continues to show active trading dynamics within the fintech industry.
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