Synopsis: One 97 Communications is in focus after reporting a staggering 98 percent drop in net profit YoY; however, this was mainly impacted by a one-time sale of its ticketing division to Eternal and a one-time loan write-off to its real money betting division in this quarter.

The shares of this leading online payment services provider are in focus after reporting its financial performance for this quarter. In this article, we will dive more into the details of it.

With a market capitalization of Rs 81,039 crore, the shares of One 97 Communications Ltd are currently trading at Rs 1,268.25 per share, down by 1 percent from its previous day’s closing price of Rs 1274.95 per share. In the last one year, the stock has delivered a stellar return of 66 percent, outperforming NIFTY 50

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