PB Fintech stock up by more than 5% today

2 Dec 2022 , 11:09 AM

In Friday’s intra-day trade, PB Fintech Ltd, the parent company of online insurance aggregator Policybazaar, rose 6% to Rs 489 on the National Stock Exchange (NSE) as 5% of the firm’s stock changed hands via a block deal.

According to exchange data, pre-open trades on the NSE at Rs 456.30 involved about 22.84 million shares, or 5% of PB Fintech’s total equity, for Rs 1,042.53 crore. Although not immediately known, the names of the purchasers and sellers were. Compared to the Nifty ’50s 0.4% decrease at 09:28 am, PB Fintech traded 3% higher at Rs 476.

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