New Delhi, Nov. 14 -- SBI Life-owned NBFC under Rs.50 Paisalo Digital jumped nearly 3% to Rs.34.40 on Friday after the company announced a new development advancing its sustainable tech innovation efforts.

The NBFC stock has largely underperformed in the near term. Paisalo Digital share price fell by over 9.37% in a month and 20.76% in a year.

In an exchange filing, Paisalo Digital said that it has installed a high-efficiency liquid immersion cooling server at its Mumbai office.

The new server infrastructure will support its ongoing efforts to scale its ongoing developments in Generative AI capabilities across operations. This move also underscores the company's ongoing commitment to integrating sustainable practices into its operation...