Stock Under Rs 100: DII Stake Rises in THIS NBFC - Do You Own It?
Summary
, a prominent small-cap non-banking financial company ( ), has witnessed an increase in stakeholding by its promoter-linked domestic institutional investor ( ), Equilibrated Venture CFlow Pvt Ltd. As of the latest session, the NBFC commands a market capitalisation of Rs 3,649.65 crore.Beyond its stock movement, Paisalo Digital has marked significant milestones in business expansion. Last month, the company announced that it had successfully serviced over 59 lakh customers, facilitating transactions worth over Rs 3,400 crore within two years. Additionally, it boasts a strong backing from major international investors, including SBI, SBI Life Insurance Co. Ltd, and Life Insurance Corporation (LIC) of India.The companys steady growth and increasing stakeholding by promoter-linked entities indicate confidence in its financial outlook. Analysts expect continued expansion in its loan portfolio, supported by a robust banking network and technology-driven lending solutions.