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  5. Paytm shares jump 5% to hit 52-week high: Here’s why One 97 Communications stock is buzzing on Sept 9

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Paytm shares jump 5% to hit 52-week high: Here’s why One 97 Communications stock is buzzing on Sept 9

image Ahana Chatterjee
By Ahana Chatterjee

3 min read | Updated on September 09, 2026, 14:08 IST

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SUMMARY

Over a month’s time, Paytm stock has jumped 10%, while for the six-month period, the stock has climbed 68%.

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PAYTM
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From the beginning of the year, shares of One 97 Communications have surged over 35%. Image: Shutterstock

Shares of One97 Communications, the parent firm of Paytm, jumped 5.2% to hit 52-week high of ₹1,757 apiece on Wednesday, September 9, after a report suggested that the fintech firm is expanding to a new business, jumping on the agentic AI bandwagon to accelerate a rebound in revenue growth.
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People with knowledge on the matter told Bloomberg that Paytm will start selling artificial intelligence agents to enterprise customers, betting on rising demand for such bots that can automatically handle a variety of workloads and tasks with minimal supervision.

It further stated that this marks a major departure from its core business of handling digital payments for consumers and businesses and offering a slate of related services like loans and investing.

According to the report, the new Paytm Intelligence, or Pi, service can deploy AI agents across functions such as sales, customer service and operations. Pi will initially target banks, smaller lenders, insurers and other financial institutions in India and the United Arab Emirates, people told Bloomberg, asking not to be named, as the information is private.
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Responding to the report, Paytm in a regulatory filing said, “We wish to clarify that the Company has been investing in and developing artificial intelligence capabilities as part of its ongoing business initiatives, including a possible ‘revenue optimization journey of AI’, as previously disclosed in the earning release for the Q1 FY27.”

“The media report neither relates to any undisclosed event or information which is material nor requires disclosure by the Company under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,” it further added.

Paytm Q1 earnings

In July, Paytm reported a 79% year-on-year jump in consolidated net profit to ₹220 crore for Q1 FY27, while revenue from operations rose 27.6%. The company has also indicated that it expects FY27 revenue growth to exceed the 22% growth reported in FY26.

The Noida-based firm’s revenue from operations increased 28% to ₹ 2,448 crore in Q1 FY27, compared with ₹1,918 crore a year ago. Its total income advanced to ₹2,630 crore from ₹2,159 crore year-on-year (YoY), while total expenses stood at ₹2,383 crore in the reporting quarter.

Also read: Reliance to IndiGo: Here’s how oil-sensitive stocks are performing on September 9

Paytm share price trends

At 1:45 PM, Paytm shares were trading at ₹1,747.50 apiece on the National Stock Exchange, gaining 4.64%.

From the beginning of the year, shares of One 97 Communications have surged over 35%. Over a month’s time, the stock has jumped 10%, while for the six-month period, the stock has climbed 68%.

According to NSE data, as of September 9, 2026, Paytm has a total market capitalisation of ₹1.12 lakh crore.

Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

image Ahana Chatterjee
Ahana Chatterjee is a business journalist with 7 years of experience across several leading news platforms. At Upstox, she covers stock markets and corporate news.

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