One 97 Communications Shows Strong Trading Activity Amid Declining Investor Participation

One 97 Communications Ltd, trading under the symbol PAYTM, has emerged as one of the most active equities today in the Financial Technology (Fintech) sector. The stock recorded a total traded volume of 5,094,360 shares, with a total traded value of approximately Rs 55.11 crore. Opening at Rs 1,063.0, the stock reached a day high of Rs 1,104.7 before settling at a last traded price of Rs 1,100.5.
Notably, One 97 Communications is currently just 1.04% away from its 52-week high of Rs 1,128.5. The stock has outperformed its sector by 4.58% today, reflecting a strong performance compared to the broader market, where the Sensex and sector returns were 0.86% and 0.68%, respectively.

Despite this positive performance, there has been a decline in investor participation, with delivery volume dropping by 53.2% against the five-day average. However, the stock remains liquid, with a trade size of Rs 37.01 crore based on 2% of the five-day average traded value. Overall, One 97 Communications continues to show robust trading activity and remains a significant player in the mid-cap market with a market capitalization of Rs 67,470 crore.