One 97 Communications Limited, the parent company of Paytm, witnessed a significant surge in its market capitalization on October 8, 2024, as the stock jumped 10.42%. The stock opened at ₹657.25, reached a high of ₹723.90, and closed at ₹719.75, marking a notable increase from the previous close of ₹651.85.
As a result of this sharp rise, One 97 Communications’ market capitalization surged by ₹4,317.34 crores, bringing the total market cap to ₹45,787.10 crores. This boost comes as strong investor sentiment and renewed interest in the fintech sector have pushed the stock higher.
The stock recorded a high trading volume of 188.33 lakh shares, with a total traded value of ₹1,315.94 crores, indicating strong demand. The stock has been moving positively over the past sessions, reflecting growing optimism in the fintech sector.
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