Image Credits - Paytm
Shares of Paytm, the digital payments company operated by One 97 Communications Limited, started the trading session on March 2nd, 2024 at Rs 423.90 apiece, a marginal increase over the previous closing price of Rs 423.45. As the trading progressed through the day, Paytm’s stock price hit an intraday high of Rs 429.85.
Facing intermittent bouts of volatility, Paytm’s share price succumbed and fluctuated multiple times during the trading session before finally settling at Rs 414.40 at the market close. This closing price marked a decline of Rs 9.05 or 2.14% compared to the previous close.
Adding to the volatility, Paytm’s stock also touched an intraday low point of Rs 410.00 during the trading hours, which showcases the rangebound, fluctuating trend of the stock through the day.
A reasonably high volume of 17,51,337 Paytm shares changed hands during the trading session, underlining significant investor participation and trading activity focused on the stock. The total traded value of Paytm’s shares stood at ₹7,323.92 lakhs by the end of the session. At market close, Paytm commanded a total market capitalization of ₹26,32,051.11 lakhs.
