One97 Communications, parent company of Paytm, share price surged as much as 3 per cent on Tuesday despite weak market sentiments. At 9:33 am, the stock was trading at ₹685.75 apiece on March 11.

Shares of One 97 Communications have dropped another to ₹1298 at 12:13 p.m. The company is currently sitting on a market cap of $11.2 billion, a significant drop from the $19.9 billion valuation ...