One 97 Communications Sees High Trading Volume Amid Declining Investor Participation

One 97 Communications Ltd, operating in the Financial Technology (Fintech) sector, has emerged as one of the most active equities today. The stock, traded under the symbol PAYTM, recorded a total traded volume of 12,474,615 shares, with a total traded value of approximately Rs 133.96 crore. The stock opened at Rs 1,067.6 and reached a day high of Rs 1,087.0, while the day low was Rs 1,062.6. As of the latest update, the last traded price (LTP) stands at Rs 1,066.7.
Despite this activity, One 97 Communications has underperformed its sector by 0.88%, with a 1-day return of -0.16%. The stock is currently above its 20-day, 50-day, 100-day, and 200-day moving averages, but it is below its 5-day moving average. Notably, investor participation has seen a decline, with delivery volume dropping by 50.32% compared to the 5-day average, totaling 844,000 shares on August 4.

With a market capitalization of Rs 68,827 crore, One 97 Communications remains a significant player in the fintech landscape. Overall, the stock's performance today reflects a mix of active trading and challenges in investor engagement.