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LIC-owned NBFC stock to be in focus on Wednesday; Here's why
LIC-owned NBFC stock to be in focus on Wednesday; Here's why

Mint

time6 days ago

  • Business
  • Mint

LIC-owned NBFC stock to be in focus on Wednesday; Here's why

LIC-owned small-cap non-banking financial company (NBFC, Paisalo Digital shares will be in the focus of stock market investors on Wednesday, 25 June 2025, after the company approved a ₹ 480 crore fundraising allocation via commercial papers on Tuesday, 24 June 2025, according to an exchange filing. Paisalo Digital 'approved the allocation of Commercial Papers (CPs) in one or more tranches aggregating up to ₹ 480,00,00,000 ( ₹ 470 crore) on a private placement basis,' as per the BSE filing. As per the filing data, the company also approved the allotment of 600 listed commercial papers amounting to ₹ 30 crore via another private placement. 'Approved the allotment of 600 Listed Commercial Papers (CPs) of the Face Value of ₹ 5,00,000 ( ₹ 5 lakh) each aggregating of ₹ 30,00,00,000/- ( ₹ 30 crores) through private placement,' said the company in the filing. Commercial papers are short-term unsecured debt instruments which are used by companies to raise funds in single or multiple tranches to fulfil their working capital needs or other commitments. Paisalo Digital shares closed 2.71% higher at ₹ 30.29 after Tuesday's stock market session, compared to ₹ 29.49 in the previous market session. The company announced the allotment of the commercial papers during the stock market session on 24 June 2025. The shares of the LIC-owned small-cap NBFC have given stock market investors more than 175 per cent returns on their investment in the last five years. However, the shares have lost more than 60 per cent in the last one-year period. On a year-to-date (YTD) basis, the shares are down 38.85 per cent. Paisalo Digital shares hit their 52-week high levels at ₹ 81.95 on 12 July 2024, while the 52-week low level was at ₹ 29.40 on 20 June 2025, according to BSE data. The shares are currently trading above their 52-week low levels. The company's market capitalisation (M-Cap) stands at ₹ 2,732.52 crore as of the stock market close on Tuesday, 25 June 2025. Read all stories by Anubhav Mukherjee 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.

GNOME's New Document Reader: A Modern Take on PDF Viewing
GNOME's New Document Reader: A Modern Take on PDF Viewing

Arabian Post

time01-05-2025

  • Arabian Post

GNOME's New Document Reader: A Modern Take on PDF Viewing

GNOME's latest document viewer, Papers, has officially replaced Evince as the default PDF reader in the GNOME desktop environment. This shift marks a significant evolution in GNOME's approach to document viewing, offering users a more modern and streamlined experience. Papers is built upon the foundation of Evince but has been reimagined with contemporary design principles. It leverages GTK4 and Libadwaita, ensuring a consistent and adaptive user interface that aligns with GNOME's aesthetic standards. The application maintains the core functionalities of Evince, such as PDF viewing, annotations, and printing, while introducing enhancements that improve usability and performance. One of the standout features of Papers is its clean and modern user interface. The design emphasizes simplicity and ease of use, making navigation intuitive for users. The application also supports a wide range of document formats, ensuring versatility in handling various file types. Performance improvements are evident in Papers, with faster document rendering and smoother interactions. These enhancements contribute to a more responsive user experience, reducing lag and improving overall efficiency. Papers also introduces enhanced annotation capabilities. Users can easily highlight text, add notes, and interact with documents in a more dynamic way. These features are particularly beneficial for professionals and students who rely on document annotations for their work. Printing documents directly from the application has been streamlined, offering a more straightforward process that reduces the steps required to print a document. This improvement aligns with GNOME's goal of simplifying user workflows.

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