Paytm Share Price Rises Following Launch Of India's First AI-Powered Sound Box For Payments

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One 97 Communications share price rose 2.48% to Rs 1,254 apiece. It was trading 1.17% higher at Rs 1,238.8 apiece as of 2:02 p.m. as compared to 0.50% advance in the NSE Nifty 50 index.

Paytm share price has been rising for five days in a row. The stock advanced 89.78% in 12 months, and 21.57% on year-to-date basis. Total traded volume so far in the day stood at 1.7 times its 30-day average. The relative strength index was at 60.54.

Paytm share price hit a 52-week high of Rs 1,296.60 apiece, while it touched a 52-week low of Rs 637.10 apiece. From its 52-week high, the stock has fallen 4.45%, while from its 52-week low, the stock has risen 90.16%.

Out of 19 analysts tracking the company, 10 maintain a 'buy' rating, five recommend a 'hold' and four suggest 'sell', according to Bloomberg data. The average 12-month consensus price target implies an upside of 1.0%.