Paytm Share Price Jumps 5% to 52-Week High as Company Eyes Agentic AI Push
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The proposed Pi service could initially target banks, insurers and smaller lenders in India and the UAE, adding a new enterprise-focused business to Paytm’s existing payments and financial services operations.
Shares of One 97 Communications, the parent company of Paytm, rose as much as 5% on Wednesday, September 9, hitting a fresh 52-week high of Rs 1,753 on the BSE. The stock gained even as the broader market fell sharply, with investors tracking a report that Paytm is preparing to expand into enterprise-focused artificial intelligence services.
The stock opened at Rs 1,739.70 and was trading 4.78% higher at Rs 1,748.80 around 10:20 am. Paytm shares have gained around 10% over the past month and 35% so far this year, extending a strong run in 2026.
Paytm plans AI agents for enterprise customers
According to a Bloomberg report citing sources, Paytm is looking to enter the agentic AI space and plans to sell AI agents to enterprise customers. The proposed service, called Paytm Intelligence or Pi, could use AI agents across functions such as sales, customer service and operations.
The initial focus is expected to be financial institutions, including banks, insurers and smaller lenders in India and the UAE. Paytm has reportedly been developing Pi for around two years, using the large amount of financial and behavioural data generated through its payments business.
The AI model is designed to work with areas such as fraud detection, claim assessment and creditworthiness, according to the report. Its planned applications could also include customer acquisition, business campaigns and cross-selling.
The move would mark a new avenue for Paytm as it looks to build additional sources of revenue beyond its existing digital payments and financial services businesses. The company has also indicated that it plans to increase its use of AI across operations and is looking to hire around 4,000 people by early next year as it expands its merchant network and AI-led product offerings.
Paytm shares price
Paytm shares have continued to climb in recent months. The stock has gained more than 20% in the past month and around 62% over the past three months. It is up about 67% over six months and 42% over the past year, while the two-year gain stands at around 176%.
The stock's latest rally has also come with strong trading activity. A block deal was recorded in early trade on Wednesday, with around 1.06 million Paytm shares changing hands, according to Bloomberg data.
Despite the recent gains, Paytm remains below its IPO price of Rs 2,150 a share. The stock has not traded above that level since its November 2021 listing.
The focus now remains on whether the proposed AI business can develop into a meaningful new revenue stream for Paytm as the company looks to accelerate growth.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Rochelle Britto has spent 8+ years decoding India's markets, businesses, and consumer economy, reporting for ET Prime and Times Internet along the way, covering the stories behind the numbers.
A Mumbai native and perpetual planner of the next holiday, she stays far, far away from the eternal question, “Where are we going next?” When she's not chasing headlines, she's chasing new cultures, open roads, and a bit of quiet in nature.
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