Multibagger Paisalo Digital hits 20% upper circuit as promoters raise stake to 46.72%

Shares of NBFC Paisalo Digital were locked in the 20% upper circuit at Rs 71 on July 1 after the promoter group raised its stake by an additional 4.97% to 46.72% in Q1FY27, up from 41.75% in FY26 and around 26% in FY19. The company has outlined a three-year roadmap to double its assets under management, total income and profit after tax, while transitioning to an AI-driven lending platform. The stock has jumped 136% from its March lows of Rs 30, taking year-to-date gains to 95%, though it still trades 29% below its all-time high of Rs 99.63.