Multibagger Paisalo Digital hits 20% upper circuit as promoters raise stake to 46.72%
Shares of non-banking financial company (NBFC) Paisalo Digital were locked in the 20% upper circuit in Wednesday’s trade, July 1, hitting ₹71 apiece after the company announced a further increase in promoter shareholding, reinforcing confidence in its long-term growth prospects.
The promoter group acquired an additional 4.97% stake during the June quarter, taking its holding to 46.72% in Q1FY27. The latest increase marks another milestone in a consistent multi-year trend of promoter buying.
