One 97 Communications informed BSE and NSE that its board will meet on Monday, July 20, to consider a proposal for issuance of bonus shares to shareholders, subject to necessary approvals.
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REUTERS/Dado Ruvic
Shares of One 97 Communications Limited (Paytm) were trading higher on Thursday, touching an intraday high of ₹1,395.90 on the National Stock Exchange before paring gains to ₹1,372.40, up 0.32 per cent from the previous close of ₹1,368.00, as investors reacted to the company’s intimation of a possible bonus share issuance.The stock opened at ₹1,387.00 and hit a 52-week high of ₹1,407.00 on Wednesday. Trading volumes stood at 13.66 lakh shares, with a traded value of ₹186.36 crore as of 10.31 AM. The buy-sell ratio remained nearly even at 49:51.One 97 Communications informed BSE and NSE that its board will meet on Monday, July 20, to consider a proposal for issuance of bonus shares to shareholders, subject to necessary approvals. The board will also take up unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. An earnings call for investors and analysts is scheduled for July 21.The company has also noted that the trading window for designated persons and their immediate relatives will remain closed until July 22, 2026, covering both the results and the bonus issue event.Dr VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, flagged the bonus issue announcement as significant, noting that digital platform companies are expected to report strong Q1 numbers. He added that platform companies which have turned profitable and continue to grow will be rewarded by the market. Bajaj Broking tagged the development as a positive for the stock.Paytm carries a symbol P/E of 158.46 and has returned 36.67 per cent over the past year, outperforming the Nifty Midcap 50’s 7.60 per cent return over the same period.Published on July 16, 2026
