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Shares of Paisalo Digital soared 20 per cent to Rs 624.70 on the National Stock Exchange (NSE) in intraday trade on Monday, after SBI Life Insurance Company acquired 9 per cent stake in the finance company via open market. In the past two trading days, the stock has moved up 26 per cent.
On Thursday, December 24, 2020, SBI Life Insurance Company had purchased 3.8 million equity shares, representing 8.99 per cent equity of Paisalo Digital, for Rs 186 crore via bulk deal on the NSE at Rs 490 per share, exchange data show.
Antara India Evergreen Fund (1.5
On Thursday, December 24, 2020, SBI Life Insurance Company had purchased 3.8 million equity shares, representing 8.99 per cent equity of Paisalo Digital, for Rs 186 crore via bulk deal on the NSE at Rs 490 per share, exchange data show.
Antara India Evergreen Fund (1.5
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