India's Paisalo Digital rises most in 9 months after Q1 profit jump

Paisalo Digital

24/07/2023 07:10

** Shares of Paisalo Digital Ltd  PISA.NS  rise as much as
16.1% to 58.5 rupees, biggest pct. gain since Oct. 19, 2022
    ** Non-banking financial company's June-qtr consolidated net
profit-after-tax rises 84% to 384.1 mln rupees ($4.69 mln),
aided by a near-10% rise in interest income
    ** Stock on track to log fourth straight session of gains
    ** Stock inches above 50- and 100-day moving averages for
the first time since Dec. 14
    ** Trading volume at ~2.7 mln shares as of 11:15 a.m. IST,
3.6x the 30-day avg  
    ** Stock last down ~26% YTD 



($1 = 81.9775 Indian rupees)

 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))