Paytm shares jump 5% as workplace AI push gains traction

Shares of One97 Communications, the parent company of Paytm, surged 5% on Wednesday as investors welcomed its push into enterprise artificial intelligence, marking a significant expansion beyond its core payments business.

On the National Stock Exchange (NSE), Paytm shares climbed 4.97% to an intraday high of Rs 1,753, compared with their previous close of Rs 1,670. Over the past month, Paytm shares gained 20.21%, outperforming the Nifty 500, which declined 1.15% during the same period.