Equilibrated Venture Cflow increases stake in Paisalo Digital
Shares of Paisalo Digital rose nearly 4 percent on March 18, 2025. This increase followed an announcement that domestic institutional investor Equilibrated Venture Cflow (P) Ltd. had raised its stake in the company. Equilibrated Venture Cflow bought 5,40,000 shares of Paisalo Digital. This purchase brought its total holding to 15.6007 percent of the company. The transaction was made through the open market and did not involve any encumbered shares or other financial instruments. Despite this positive development, Paisalo Digital's stock remains 58 percent below its highest price of ₹ 86.82 from April 2024. The stock has struggled over the past year, losing about 49 percent of its value. Just this month, it has already dropped over 6 percent and has faced a downward trend for four consecutive months. The stock reached an intraday high of ₹ 35.89 during the trading session but later reduced some of those gains. The company is currently experiencing a challenging financial period, with significant losses in recent months.