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Paisalo Digital shares are making headlines in the stock market today following the company's announcement of an increased stake by its promoter group. Despite opening flat at ₹40.35 on the NSE, the stock witnessed fluctuations throughout the session before closing at ₹39.80, down 1.34% from its previous close of ₹40.34.
Intraday Performance: Highs and Lows
During the trading session, Paisalo Digital shares recorded an intraday low of ₹39.68 and a high of ₹40.81. Investors closely monitored the stock's movements as market sentiment fluctuated.
Promoter Group Expands Holdings
The company disclosed that Equilibrated Venture Cflow, a Delhi-based venture capital fund and part of the promoter group, has acquired an additional 7.39 lakh shares, equivalent to a 0.0823% stake. Previously, this entity had purchased 13,97,63,088 shares through open market transactions, raising its total stake to 15.563%. Furthermore, the promoter group has released 2.16 crore pledged shares, representing 2.41% of Paisalo Digital’s total stake.
Q3 FY2025 Financial Performance: Profit Rises 11%
Paisalo Digital reported an 11% year-on-year (YoY) increase in net profit for Q3 FY2025, reaching ₹62.43 crore, up from ₹56.46 crore in the same quarter last year. Total sales also witnessed an 11.5% YoY growth, climbing to ₹203.75 crore from ₹182.59 crore.
Stock Performance: Multibagger Returns Over Five Years
Paisalo Digital, a key player in the BSE SmallCap Index, focuses on providing financial services to underserved sections of society, including women and self-help groups.
While the stock has declined by 43% over the past year, it has gained 32% in the last two years. Notably, over the past five years, Paisalo Digital has delivered a remarkable 200% multibagger return.
As per Trendline data, SBI Life holds a 9.9% stake in the company, while LIC owns a 1.4% stake, reflecting institutional confidence in the firm’s growth prospects.
