One 97 Communications zooms on inking pact with Samsung
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One97 Communications is currently trading at Rs. 432.85, up by 30.20 points or 7.50% from its previous closing of Rs. 402.65 on the BSE.
The scrip opened at Rs. 407.95 and has touched a high and low of Rs. 438.95 and Rs. 405.30 respectively. So far 990625 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 998.30 on 20-Oct-2023 and a 52 week low of Rs. 310.00 on 09-May-2024.
Last one week high and low of the scrip stood at Rs. 438.95 and Rs. 347.50 respectively. The current market cap of the company is Rs. 26902.49 crore.
The Institutions and Non-Institutions held 67.25% and 32.75% stake respectively in the company.
Samsung, India’s largest consumer electronics brand, has launched flight, bus, movies and events ticket bookings on Samsung Wallet, in partnership with One 97 Communications that owns the Paytm brand, India’s leading payments and financial services distribution company. The partnership aims to enhance consumers’ convenience by offering a seamless, integrated booking experience directly through the Samsung Wallet, facilitating access to a wide range of services through Paytm.
With this partnership, Galaxy smartphone users will now have seamless access to Paytm’s suite of services, including flights and bus bookings, movie ticket purchases, and event bookings, all integrated within the Samsung Wallet. Galaxy smartphone users using the Paytm app for flight, bus and movie bookings and the Paytm Insider app for event booking, will be able to add their tickets directly to Samsung Wallet using ‘Add to Samsung Wallet’ functionality. This will enable them to conveniently access these to enter airports, bus terminals, cinema halls, event venues, etc.
With the Paytm app being the go-to destination for travel and event bookings for millions of Indians, its partnership with Samsung opens new avenues for users to access its services, in line with its efforts to drive further convenience.
One97 Communications (Paytm) is India's leading digital ecosystem for consumers as well as merchants.
