Paytm Parent One 97 Communications Sees Price Movement
One 97 Communications Limited, the parent company of the widely recognized digital payments platform Paytm, has experienced notable fluctuations in its stock price in recent trading sessions. As of the latest available data, the company’s stock closed at 890.45 INR. Over the past year, the stock has reached a 52-week high of 1062.95 INR on December 16, 2024, and a low of 339.55 INR on June 5, 2024.
Company Overview
One 97 Communications Limited operates primarily in the financial sector and is listed on the National Stock Exchange of India. The company is renowned for its ownership of the Paytm brand, which is a leading player in the digital payments and financial services industry in India. The company’s diverse portfolio includes payment facilitation, consumer and merchant loan distribution, wealth management, and more. Its services encompass digital recharge, bill payments, online and offline payment gateways, and the distribution of credit, insurance, mutual funds, and equity broking. Additionally, One 97 Communications offers deals and gift vouchers, advertising services, and loyalty programs for merchants, along with credit card distribution.
Financial Metrics
The market capitalization of One 97 Communications stands at 528,480,000,000 INR. However, the company’s financial metrics indicate some challenges, with a price to earnings ratio of -80.76, reflecting a lack of profitability. The price to book ratio is 3.52, suggesting a significant valuation gap. The stock’s volatility is evident from its 52-week price range of approximately 723.40 INR (1062.95 - 339.55).
Recent Developments
As of June 2, 2025, the close price of One 97 Communications was recorded at 928.25 INR. The company continues to navigate the dynamic financial services landscape, leveraging its extensive service offerings to cater to a broad spectrum of customer needs, including money transfers, merchant payments, bill payments, e-commerce transactions, and access to various financial services.
The company’s strategic focus on expanding its digital and financial services portfolio positions it to potentially capitalize on the growing demand for digital financial solutions in India. However, investors remain cautious due to the current negative earnings and the inherent volatility in the stock’s performance.