One 97 Communications Shows Increased Investor Activity Amid Fintech Sector Trends

One 97 Communications Ltd, trading under the symbol PAYTM, has emerged as one of the most active equities by value in the financial technology sector today. The company reported a total traded volume of 26,339,252 shares, with a total traded value of approximately Rs 278.71 crores. The stock opened at Rs 1,081.40 and reached a day high of Rs 1,089.00, while the day low was recorded at Rs 1,019.40. The last traded price stood at Rs 1,068.30.
Despite its active trading, One 97 Communications has underperformed its sector, showing a 1D return of -0.74%, compared to the sector's -0.14% and the Sensex's -0.13%. The stock is currently 2.42% away from its 52-week high of Rs 1,089. Notably, the stock has experienced a trend reversal after four consecutive days of gains. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in the longer term.

Investor participation has notably increased, with a delivery volume of 58.8 lakhs on July 23, reflecting a significant rise of 279.64% against the 5-day average delivery volume. The liquidity of the stock is also robust, accommodating trade sizes of approximately Rs 19.73 crores based on 2% of the 5-day average traded value. Overall, One 97 Communications continues to demonstrate active trading dynamics within the fintech industry.