One97 Communications trades jubilantly as its arm reports over 926 million UPI transactions in December

One97 Communications is currently trading at Rs. 1109.60, up by 78.20 points or 7.58% from its previous closing of Rs. 1031.40 on the BSE.

One97 Communications

The scrip opened at Rs. 1021.55 and has touched a high and low of Rs. 1123.80 and Rs. 995.00 respectively. So far 644660 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. 1025.55 on 13-Jan-2022.

Last one week high and low of the scrip stood at Rs. 1230.00 and Rs. 995.00 respectively. The current market cap of the company is Rs. 71916.24 crore.

One97 Communications The promoters holding in the company stood at 14.98%, while Institutions and Non-Institutions held 0.00% and 85.02% respectively.

One97 Communications’ wholly-owned subsidiary — Paytm Payments Bank has become first beneficiary bank in the country to achieve the landmark of over 926 million UPI transactions in December. In the October-December 2021 quarter, the bank registered a total of 2,507.47 million beneficiary transactions, compared with 964.95 million beneficiary transactions in the same quarter in 2020.

This is a year-on-year increase of 159.85 per cent. It has remained the largest UPI beneficiary bank throughout the year (except in May 2021), and continues to grow month-on-month.

One97 Communications (Paytm) is India’s leading digital ecosystem for consumers as well as merchants.

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