Mumbai, October 8 (Udaipur Kiran): Shares of One 97 Communications were trading higher on Tuesday after the company launched Paytm AI Soundbox, India’s first AI-powered business device designed for small and medium enterprises (SMEs).

The stock was trading at Rs. 1235.00, up 0.90% or 11.05 points, compared to its previous close of Rs. 1223.95 on the BSE. The scrip opened at Rs. 1230.70 and touched an intraday high of Rs. 1254.00 and a low of Rs. 1223.95, with 1,58,259 shares changing hands so far.

The company’s 52-week high stands at Rs. 1296.70 (September 4, 2025), while the 52-week low is Rs. 637.35 (October 7, 2024). With a current market capitalisation of Rs. 78,987.32 crore, institutional investors hold 70.58% of the stock, while non-institutional investors own 29.42%.

The newly launched Paytm AI Soundbox is positioned as India’s first AI business assistant, empowering merchants with real-time insights into payments and business performance. The device interacts with merchants in 11 Indian languages, offering data-driven responses and operational support.

Equipped with an AI assistant, dual displays (including a touchscreen), and dynamic payment support (QR, tap, and card insert), the Soundbox is built on an Android-based system with WiFi and 4G connectivity, ensuring reliable transactions across both indoor and outdoor environments.

The device also features a dedicated Paytm Button for quick assistance and real-time payment updates, enabling merchants to track collections and manage operations efficiently.

With this launch, One 97 Communications aims to usher in a new era of intelligent devices for India’s merchant ecosystem, supporting businesses across local stores, cafés, and retail chains.

Company Overview:
One 97 Communications, the parent of Paytm, is India’s leading mobile payments and financial services company. It pioneered mobile QR payments in India and continues to develop technologies that empower small businesses in payments and commerce.