By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: LIC-owned NBFC stock under ₹50 to be in focus on Thursday; here’s why | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > LIC-owned NBFC stock under ₹50 to be in focus on Thursday; here’s why | Stock Market News
Business

LIC-owned NBFC stock under ₹50 to be in focus on Thursday; here’s why | Stock Market News

Last updated: August 27, 2025 2:37 pm
6 months ago
Share
SHARE


Contents
Paisalo Digital promoter stake purchase detailsPaisalo Digital Q1 results 2025

NBFC stock Paisalo Digital will remain in focus in Thursday’s trading session after the company informed the exchanges that its promoter Equilibrated Venture Cflow Private Limited purchased additional stake in the company.

Paisalo Digital share price was trading in green on Tuesday to close 0.30 per cent up at ₹30.40 apiece on NSE. However, the NBFC stock has given negative returns in short-term by descending over 4 per cent in a month and nearly 18.35 per cent in six months.

Paisalo Digital promoter stake purchase details

In an exchange filing on Tuesday, the company said that its promoter Equilibrated Venture Cflow Private Limited increased its stake from 16.50 per cent to 16.68 per cent in the June quarter 2025.

The promoter entity bought 16,36,470 stake worth ₹4,93,52,935 via open market transaction on Tuesday, August 26.

In an another exchange filing, the company had informed the exchanges that the promoter Equilibrated Venture Cflow Private Limited purchased 74,70,000 shares, increasing its stake from 15.67 per cent to 16.50 per cent , aggregating to ₹24,85,63,367 via open market on July 25.

Paisalo Digital Q1 results 2025

For the quarter ending June 2025, Paisalo Digital reported a 13.25 per cent year-on-year (YoY) growth in net profit, reaching ₹47 crore compared to ₹41.5 crore in the same period last year. The company also recorded a 17.2 per cent YoY increase in total income at ₹218.71 crore, up from ₹186.55 crore in Q1FY25.

Interest income rose 21.7 per cent to ₹200.88 crore from ₹165.09 crore a year ago, while fee and commission income saw a slight dip to ₹17.37 crore from ₹20.06 crore.

Despite increased costs, including higher finance expenses and impairment charges, Paisalo posted a 13.9 per cent YoY growth in profit before tax (PBT), which stood at ₹63.60 crore compared to ₹55.80 crore in the corresponding quarter last year. Total expenses climbed to ₹155.11 crore, up from ₹130.75 crore in Q1FY25.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Access Denied

Access Denied

Access Denied

Access Denied

Access Denied

TAGGED:Equilibrated Venture Cflow Private LimitedIndian stock marketLIC-owned NBFC stock Paisalo DigitalNBFC stocknbfc stock Paisalo DigitalPaisalo Digital promoter stake purchase newsPaisalo Digital promoter stake purchase news 2025paisalo digital q1 resultsPaisalo Digital Q1 results 2025Paisalo Digital Q1 results FY26paisalo digital share pricePaisalo Digital share price target 2025Paisalo Digital share price today
Share This Article
Facebook Twitter Email Print
Previous Article Quant Mutual Fund-owned realty stock Man Infraconstruction to be in focus on Thursday; here’s why | Stock Market News
Next Article Indian stock market loses FII favour as Taiwan, China and South Korea gain ground. What’s driving the shift? Explained | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS