Mumbai/IBNS, Nov. 18 -- The share prices of One 97 Communications, the parent company of Paytm, dipped two percent after a block deal on Tuesday, media reports said.

After the block deal, the Paytm shares traded at Rs. 1,314.30 on NSE.

As per reports, a total of 1.32 crore shares changed hands at Rs. 1,307 per share.

The transaction was valued at Rs. 1,722 crore, Zee Business reported.

In the last six months, the stock on NSE outperformed the BSE Sensex.

Paytm's operating revenue rose 24 percent year-on-year to Rs. 2,061 crore, supported by higher merchant subscriptions, strong payment volumes, and increased traction in financial services distribution.

The company processed a Gross Merchandise Value (GMV) of Rs. 5.67 lakh crore, up ...