Paytm share price falls 5% from intraday highs, ends at Rs 418.20

The session kicked off with One 97 Communications’ shares opening at ₹410.80, lower than the previous day’s close of ₹414.40. However, the stock quickly found its footing and rallied to an intraday high of ₹424.20.

On March 4th, 2024, the shares of One 97 Communications Limited, the parent company of the digital payments giant Paytm, bucked the broader market trend and closed at ₹418.20 on the trading day. Despite facing early selling pressure, the stock managed to regain ground, reflecting investor confidence in the company’s growth prospects.

The session kicked off with One 97 Communications’ shares opening at ₹410.80, lower than the previous day’s close of ₹414.40. However, the stock quickly found its footing and rallied to an intraday high of ₹424.20. Despite touching a low of ₹400.00 during the trading session, the resilient stock managed to recover and close at ₹418.20, limiting the day’s loss to a modest 0.49%.

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The trading activity in One 97 Communications shares was robust, with a total of 33,33,960 shares exchanging hands, translating into a traded value of ₹13,713.58 lakhs. The company’s market capitalization stood at ₹26,19,030.59 lakhs at the close of the trading session.