Paisalo Digital shares rose to 17% after SBI Life Insurance bought 38,00,000/- shares on December 28, 2020. SBI Life acquired 8.99% stake in Paisalo Digital for Rs. 186.20 crore. Shares were bought in an open market transaction at Rs. 489.99 for each share. The share touched 52 week high in at Rs. 625.55.
It was earlier trading at 12,256 shares compared to its now volumes of 22,827 shares which saw an increase of 86.25% which is more than 2.42 times.