New Delhi, March 27 -- Equity research firm Evaluate Research has reiterated its "Buy" rating on Paisalo Digital Ltd, maintaining a price target of Rs.75, implying an upside of over 100% from current levels, making it a multibagger stock.

The research firm believes the target is achievable, noting that the stock had previously touched Rs.100 in March 2024 and crossed the $1 billion market capitalisation milestone.

Currently trading at Rs.34.21 on the BSE, the stock remains near its one-year lows, which Evaluate Research views as an attractive entry point and potential inflection zone.

A reversion to its 2024 highs could translate into nearly 2x returns. The firm also highlighted Paisalo's strong investor communication practices, includ...