News for Paisalo Digital Limited (PAISALO.BO)

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Overall, promoters sold a substantial Rs 48,114 crore of shares through bulk and block deals for the quarter ended June 30, according to Primebbdatabase.com

Shares of Paisalo Digital Ltd. gained over 5% on Wednesday after a large trade. At least 1.48 crore shares, or 1.6% of equity, changed hands in a large trade at Rs 75.81 per share, according to Cogencis data. Buyers and sellers are unknown. Promoters hold 50.37% of Paisalo Digital's total outstanding shares of 89.80 crore as of March 31, and the public holds 49.63%, according to the BSE.

NOTICES Notice No. 20240415-22 Notice Date ...

Foreign portfolio investors increased stake in One97 Communications, parent company of Paytm, by over 2 percentage points to 20.64 per cent in the March 2024 quarter.

One 97 Communications will be in focus on Wednesday trade after Paytm Payments Bank MD and CEO Surinder Chawla quit. Paisalo Digital reported AUM growth of 32% year-on-year to Rs 4,622 crore in the forth quarter, while Lupin launched first generic version of Oracea in the U.S.

A short build-up was seen in 76 stocks, including Bata India, REC, L&T Technology Services, Wipro, and Sun TV Network.

Paisalo Digital share price: The stock surged 10 per cent to hit Rs 80.68. At this price, the multibagger scrip has gained 194.78 per cent in a year.

The BSE Sensex added 539.50 points, or 0.75 per cent, to 72,641.19, while NSE's Nifty50 surged 172.85 points, or 0.79 per cent, to 22,011.95 for the day.

Paisalo Digital share price: Bourses BSE and NSE have put the securities of Paisalo under the long-term ASM (Additional Surveillance Measure) framework. Exchanges put stocks in short-term or long-term ASM frameworks to caution investors about high volatility in share prices.

In this week, BSE Sensex lost 1,475.96 or 0.99 percent to end at 72,643.43 and Nifty50 shed 470.25 points or 2.09 percent to finish at 22,023.30. The BSE Smallcap index posted its biggest weekly losses since December 2022 as it plunged 6 percent in the week

Foreign institutional investors (FIIs) curtained their selling during the week as they sold equities worth of Rs 816.91 crore, while Domestic institutional investors (DIIs) continued their support as they bought equities worth Rs 14,147.5 crore.

On March 14, smallcaps clocked a smart recovery with the BSE Smallcap index gaining over 3 percent, after losing 12 percent since February 19, when the index peaked out.

Paisalo Digital share price: The stock today dived 16.28 per cent to hit a day low of Rs 117. At this price, it has crashed 38.21 per cent in just three days.

BSE Sensex scaled 74,000 during the day but rose more than 165 points, or 0.22 per cent, to end at 73,667.96. NSE's Nifty ended on a flat note at 22,335.70, added 3.05 points, or 0.01 per cent for the day.

The Delhi High Court had reportedly issued notices to the Reserve Bank of India, the Securities and Exchange Board of India, and Paisalo Digital on the loan row. The petitioner sought an independent inquiry into what they claim are unfair lending practices by the company.

The Nifty Pharma index closed 0.32 per cent up at 19003.15.