PB Fintech: PB Fintech stock declines nearly 5%

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Shares of PB Fintech, parent entity of Policybazaar, declined nearly 5% on Wednesday after the company’s proposal to infuse Rs 696 crore in its healthcare arm failed to cheer investors. The scrip of PB Fintech tanked 4.70% to close at Rs 1,399.95 apiece on the National Stock Exchange (NSE).

On the BSE, it fell 4.44% to settle at Rs 1,404.15 per share.

In volume terms, 46.18 lakh equity shares of PB Fintech were traded on the NSE, and 1.23 lakh scrips exchanged hands on the BSE during the day.

The 30-share BSE Sensex fell 72.56 points to close at…



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PB Fintech: PB Fintech stock declines nearly 5%


Shares of PB Fintech, parent entity of Policybazaar, declined nearly 5% on Wednesday after the company’s proposal to infuse Rs 696 crore in its healthcare arm failed to cheer investors. The scrip of PB Fintech tanked 4.70% to close at Rs 1,399.95 apiece on the National Stock Exchange (NSE).

On the BSE, it fell 4.44% to settle at Rs 1,404.15 per share.

In volume terms, 46.18 lakh equity shares of PB Fintech were traded on the NSE, and 1.23 lakh scrips exchanged hands on the BSE during the day.

The 30-share BSE Sensex fell 72.56 points to close at…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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