One 97 Communications Shows Strong Activity Amid Declining Investor Participation in Fintech Sector

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 stock recorded a total traded volume of 16,825,080 shares, with a total traded value of approximately Rs 182.43 crores. Opening at Rs 1,065.00, the stock reached a day high of Rs 1,128.50, just 2.16% shy of its 52-week high, while the day’s low was Rs 1,058.00.
As of the latest update, the last traded price stood at Rs 1,104.00, reflecting a 2.26% increase for the day, outperforming the sector's return of 0.45% and contrasting with the Sensex's decline of 0.12%. Notably, One 97 Communications is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its performance metrics.

However, there has been a decline in investor participation, with delivery volume dropping by 34.21% compared to the 5-day average. Despite this, the stock remains liquid enough for trades sized at Rs 28.05 crores, supported by a market capitalization of Rs 68,131.00 crores. Overall, One 97 Communications continues to show robust activity in the fintech landscape.