Paisalo Digital Shares Gain Over 5% After 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.
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 were not known at the time of writing this report.
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.
Shares of Paisalo Digital rose 5.22% to Rs 78.00, the highest level since June 24. It was trading 4.41% higher at Rs 77.37 as of 2:31 p.m., compared to 0.59% advance in the NSE Nifty 50 index.
The stock has gained 213.27% in last 12 months and 67.93% on year to date basis. Total traded volume so far in the day stood at 11 times its 30-day average. The relative strength index was at 66.25.
One analyst tracking the company maintains a 'buy' rating, with a price target that implies an upside of 23.5%, according to Bloomberg data..
