India's Paisalo Digital up on getting $24 mln sanction and disbursement

Indian Renewable Energy Development Agency

27/02/2024 06:58

** Shares of Paisalo Digital  PISA.NS  rise ~4% to 165.45
rupees 
    ** Non-banking financial firm receives sanction and
disbursement of 2 bln rupees ($24 mln) from Indian Renewable
Energy Development Agency  INAR.NS  
    ** Proceeds to be used for onward lending to e-mobility
sector, company says
    ** Stock up 79% YTD after rising for seven straight years
    


($1 = 82.8800 Indian rupees)

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))