India's Paisalo Digital hits upper circuit

Paisalo Digital

14/03/2024 04:51

** Shares of Paisalo Digital  PISA.NS  up max-allowed 10% at
123.4 rupees
    ** Stock fell for four straight sessions, as of last close,
down 40.7%, and lost 20% on Wednesday
    ** Stock tanked on Monday on report of regulatory inquiry
into co's lending practices
    ** Co said on Wednesday it will consider allotment of bonus
shares in 1:1 ratio
    ** Stock set for best day since Feb 29, which was days after
co got a $24 mln sanction and disbursement

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))