One97 Communications gains on reporting 6 million loans disbursals in July-August 2022
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One97 Communications is currently trading at Rs. 715.25, up by 6.65 points or 0.94% from its previous closing of Rs. 708.60 on the BSE.
The scrip opened at Rs. 711.05 and has touched a high and low of Rs. 724.75 and Rs. 711.05 respectively. So far 42446 shares were traded on the counter.
The BSE group 'A' 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. 739.00 and Rs. 681.20 respectively. The current market cap of the company is Rs. 46423.26 crore.
The Institutions and Non-Institutions holding in the company stood at 6.60% and 93.40% respectively.
One97 Communications (Paytm) has reported 246% year-on-year (y-o-y) growth in number of loans disbursals at 6.0 million in the two months ended August 2022 (July & August 2022), while the value of loans disbursements grew 484% y-o-y to Rs 4,517 crore ($568 million). Consumer engagement is at its highest on Paytm Super-App with average monthly transacting users (MTU) at 78.8 million for the two months ended August 2022, up 40% y-o-y.
One97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.
