Economy · India
Paisalo Digital Sees Share Price Surge on Promoter Stake Increase
Paisalo Digital's share price surged by 20% to hit an upper circuit, reaching ₹71. This rise followed an announcement that promoters increased their stake in the company by 4.97% in Q1 FY27, bringing their total holding to 46.72%. The increased stake reflects long-term confidence and a strategy to significantly grow the company's assets, income, and profits.
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- Centre (2): Business Standard, Mint