Mumbai, Sept. 9 -- The stock hit a fresh 52-week high of Rs 1,753 today. According to reports, around 10.6 lakh Paytm shares changed hands in the block deal. Details of the buyers and sellers had not been disclosed by the exchanges so far.

In August, a promoter-linked entity sold shares worth about Rs 2,949 crore, while other early investors have also pared their stakes through block deals.

The rally in Paytm shares was also fuelled by reports that the digital payments company is expanding into a new artificial intelligence (AI) business to boost revenue growth.

Media reports said Paytm is expanding into agentic AI through a new offering called Paytm Intelligence, or Pi. The company plans to sell AI agents to enterprise customers that ...