Explained: Why Paisalo Digital shares hit 20% upper circuit on Wednesday

Paisalo Digital shares hit the 20% upper circuit after the company announced that promoter shareholding increased to 46.72% in Q1FY27 from 41.75% in FY26 through open market purchases. The company also outlined an AI-led growth strategy and a roadmap to double its AUM, income and profit over the next three years.

Raccontata daeconomictimes.indiatimes.com