Shares of rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Paytm parent rel=”dofollow” href=”https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>One97 Communications Ltd dropped more than 2 percent before trading in a narrow range on Thursday. The stock was in focus a day after founder and CEO data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/vijay-shekhar-sharma/profileshow/80585073.cms”>Vijay Shekhar Sharma gave up stock options worth Rs 492 crore to comply with a regulatory order.
The Paytm stock fell over 2 percent to the intraday low of Rs 846.3 apiece in the first leg of trade today, before stabilising. The scrip was trading 1.68 percent lower as of 2:18 p.m., compared with a 1.85 percent rise in the benchmark data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/indices/sensex_30_companies”>Sensex.
The stock as returned 116.94 percent in the…
