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 by value in the financial technology sector today. The stock recorded a total traded volume of 1,733,877 shares, with a total traded value of approximately Rs 17,407.26 lakhs. Opening at Rs 983.1, the stock reached an intraday high of Rs 1,014.3, reflecting a 2.62% increase, while the day's low remained at Rs 983.1.
As of the latest update, the last traded price stands at Rs 1,010. The stock has shown strong performance, outperforming its sector by 2.24% and achieving a consecutive gain over the last five days, with returns of 11.14% during this period. Notably, One 97 Communications is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement.

However, there has been a decline in investor participation, with delivery volume dropping by 32.59% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of approximately Rs 9.79 crore, supported by a market capitalization of Rs 64,314.36 crore. Overall, One 97 Communications continues to demonstrate notable activity and resilience in the fintech industry.