One97 Communications surges as its Managing Director buys 1.7 lakh shares of company

One97 Communications is currently trading at Rs. 646.40, up by 17.30 points or 2.75% from its previous closing of Rs. 629.10 on the BSE.

One97 Communications
One97 Communications

The scrip opened at Rs. 642.00 and has touched a high and low of Rs. 653.15 and Rs. 620.00 respectively. So far 204413 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1961.05 on 18-Nov-2021 and a 52 week low of Rs. 511.00 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 653.15 and Rs. 578.50 respectively. The current market cap of the company is Rs. 41434.32 crore.

The Institutions holding in the company stood at 5.49%, while Non-Institutions held 94.51%.

One97 Communications’ Managing Director Vijay Shekhar Sharma has bought 1.7 lakh shares of the company worth Rs 11 crore on May 30-31. On May 30, Sharma bought 1,00,552 shares worth Rs 6.31 crore and on May 31, he bought 71,469 shares worth Rs 4.68 crore.

One 97 Communications (Paytm) is India’s leading digital ecosystem for consumers as well as merchants.

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